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Assumptions Used by RGGI Model

Director Matthew Knittel provided brief testimony on the model assumptions used by a consultant to estimate the impact on Pennsylvania from joining RGGI.

This written testimony was updated on November 4, 2022, to include clarifications for the third and sixth bullets on page 1.

Tags: rggi, testimony

Assumptions Used by rggi Model

Director Matthew Knittel provided brief testimony on the model assumptions used by a consultant to estimate the impact on Pennsylvania from joining rggi. This written testimony was updated on November 4, 2022, to include clarifications for the third and sixth bullets on page 1.

03/28/2022

IFO_Testimony_RGGI_Nov_4_2022.pdf

1 Testimony on RGGI Modeling Assumptions Joint Hearing of the Senate Environmental Resources and Energy Committee and Community, Economic and Recreational Development Committee March assumptions used by the consultant to model the potential impact on Pennsylvania from joining the Regional Greenhouse Gas Initiative or RGGI. I will limit my comments to model assumptions, as I am not able to comment on the relative accuracy of

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IFO_Hearing_Materials_March_2023.pdf

Regional Greenhouse Gas Initiative Regional Greenhouse Gas Initiative The Executive Budget assumes that Pennsylvania joins the Regional Greenhouse Gas Initiative (RGGI), a regional cap-and-invest initiative, for FY 2023-24. The administration estimates that proceeds from this initiative will total investments would be disbursed from the Clean Air Fund. The budget also includes resources to implement the CO2 trading program. RGGI proceeds are based on CO2 auctions and the allowance prices determined at those auctions. A history of allowance prices is

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index.cfm

Shale Coalition regarding the Commonwealth’s economic and budget outlook and recent natural gas trends. ... (Full Report) Assumptions Used by RGGI Model Energy March 28, 2022 Director Matthew Knittel provided brief testimony on the model assumptions used by a consultant to estimate the impact on Pennsylvania from joining RGGI. This written testimony was updated on November 4, 2022, to include clarifications for the third and sixth bullets on page

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