Gov. Wolf is likely to veto the measure. The House and Senate would each have 30 calendar days or 10 legislative days–whichever is longer–to try to override it.
The Senate passed a resolution disapproving the rule to allow Pa. to join the Regional Greenhouse Gas initiative. The vote was shy of a veto-proof majority. It now goes to the House.
A House committee passed a disapproval resolution for the rule. The House and Senate now have a deadline to send disapproval resolutions to the governor, who can veto them.
The Wolf administration hopes to join the Regional Greenhouse Gas Initiative by early 2022. Pennsylvania would be the first major fossil fuel-producing to put a price on carbon.
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.