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The Transportation and Climate Initiative (TCI) is a collaboration of 13 Northeast and Mid-Atlantic jurisdictions, including Pennsylvania, New York, New Jersey, and Washington, D.C. The TCI’s goal is to increase the use of clean transportation and energy, and reduce carbon emissions, in the transportation sector. TCI jurisdictions are in the process of developing a plan to lower carbon emissions from transportation through a cap-and-invest program. Under the TCI plan, states would 1) put a cap on vehicle carbon emissions, which would decrease annually, 2) require large fuel suppliers to purchase allowances for the pollution resulting from their sales, and 3) use the proceeds from the allowances to fund programs that increase clean energy, for example, encouraging the use of bikes and electric vehicles.
Continue Reading Northeast’s plan to cap vehicle carbon emissions: reducing emissions or reducing jobs?