Coalition of Northeastern States Announces Cap for Transport Sector CO2 Emissions

Three states and the District of Columbia reached agreement on December 21 to combat climate change by reducing carbon dioxide emissions from the transportation sector via a cap-and-invest system. Massachusetts, Rhode Island, Connecticut and the District of Columbia entered into a final Memorandum of Understanding (MOU) to launch the Transportation and Climate Initiative Program (TCI-P), a proposed cap-and-invest system for the transportation sector in the Northeast and mid-Atlantic. These...
By: White & Case LLP

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