The Wolf administration hopes to join the cap-and-trade program in early 2022. DEP estimates it will prevent 97-227 million tons of carbon emissions from power plants through 2030 and raise $131-187 million annually.
The Regional Greenhouse Gas Initiative could raise electric rates, but only by about $43 per year. Pa. could raise $3.5 billion through RGGI over 9 years.
Energy Secretary Jennifer Granholm discusses how coal and gas communities could gain jobs as a result of climate action, as the country moves to renewables.
The coal-fired power plant is one of Allegheny County's top 10 single sources of air pollution. The company cited higher costs of environmental compliance and "unfavorable economic conditions."
Stocks of Lordstown Motors tumbled as its troubling SEC filing was made public. The Mahoning Valley region in Ohio hopes electric cars will drive its future.
