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Thursday, June 04, 2009

AAEA Registered to Participate in RGGI Offset Program

AAEA has registered to participate in the Regional Greenhouse Gas Initiative (RGGI) offset program. AAEA established a Carbon Mercantile Exchange (CMX) to provide an offset trading service. AAEA is also developing projects to produce greenhouse gas offsets. Our participation in the RGGI offset program will serve to enhance our efforts to mitigate global climate change and warming.

Regional Greenhouse Gas Initiative, Inc. (RGGI, Inc.) has contracted with Perrin Quarles Associates to administer RGGI COATS. The Regional Greenhouse Gas Initiative (RGGI) is a cooperative effort by participating states to reduce emissions of carbon dioxide (CO2), a greenhouse gas that causes global warming. More information RGGI, Inc. is a non-profit corporation created to provide technical and administrative services to the CO2 Budget Trading Programs of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont.

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