{"id":8441,"date":"2012-05-14T14:28:10","date_gmt":"2012-05-14T18:28:10","guid":{"rendered":"http:\/\/stateimpact.npr.org\/new-hampshire\/?p=8441"},"modified":"2012-05-14T14:28:10","modified_gmt":"2012-05-14T18:28:10","slug":"regional-cap-and-trade-slashed-energy-use-by-5-million","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/new-hampshire\/2012\/05\/14\/regional-cap-and-trade-slashed-energy-use-by-5-million\/","title":{"rendered":"Regional Cap-And-Trade Slashed Energy Use By $5 Million"},"content":{"rendered":"
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Bill Rosgen \/ Flickr<\/p>

Now in its second year, RGGI is saving millions of dollars in energy usage<\/p><\/div>\n

The region’s controversial cap-and-trade system is working–at least as far as grant-funded energy cuts are concerned.\u00a0 A new report<\/a> released by UNH<\/a>-based Carbon Solutions New England<\/a> found that between the summers of 2010 and 2011, companies cut their emissions by 18,900 metric tons.\u00a0 As David Brooks reports for the Nashua Telegraph<\/em><\/a>:<\/p>\n

“Grants from money paid by electric utilities as part of the Regional Greenhouse Gas Initiative…helped businesses reduce energy use by more than $5 million in the second year of the program, according to a new analysis…<\/p>\n

For every dollar invested, the report said, there would be a return of $4.67 in energy savings over the lifetime of the projects: The lifetime savings from the $18.1 million spent from the fund are projected to be $84.5 million in energy costs based on current energy prices.”<\/p><\/blockquote>\n

As Brooks points out, RGGI has takes some heat at the statehouse,”because the cost of buying carbon-dioxide offsets is paid by utilities like PSNH, and thus helps raise electricity rates.”\u00a0 Supporters, however, argue that over the long run, cap-and-trade will cut down energy use, thus saving consumers money in the end.<\/p>\n","protected":false},"excerpt":{"rendered":"

The region’s controversial cap-and-trade system is working–at least as far as grant-funded energy cuts are concerned.\u00a0 A new report released by UNH-based Carbon Solutions New England found that between the summers of 2010 and 2011, companies cut their emissions by 18,900 metric tons.\u00a0 As David Brooks reports for the Nashua Telegraph: “Grants from money paid […]<\/p>\n","protected":false},"author":28,"featured_media":8443,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[53],"tags":[553,497,310,515],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts\/8441"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/comments?post=8441"}],"version-history":[{"count":1,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts\/8441\/revisions"}],"predecessor-version":[{"id":8448,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/posts\/8441\/revisions\/8448"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/media\/8443"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/media?parent=8441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/categories?post=8441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/new-hampshire\/wp-json\/wp\/v2\/tags?post=8441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}