Democrats Lament Repeal of the Job Producing, Environmental Friendly RGGI Program
CONCORD, NEW HAMPSHIRE – Representative Naida Kaen, Democratic Policy Leader on the House Science, Technology and Energy Committee, issued the following statement on the passage of HB 1490, which repeals New Hampshire’s regional greenhouse gas initiative cap and trade program (RGGI) for controlling carbon dioxide emissions.
“The repeal of NH’s participation in the RGGI program is foolhardy and rash,” stated Representative Naida Kaen. “Repealing RGGI means that New Hampshire ratepayers will still pay the premium for the program but will receive none of the benefits.”
“This is a job killing bill! In one year, RGGI has created over 70 FTE jobs in the state through the RGGI fund. Withdrawal from the program will harm citizens, businesses and the environment.”