General InformationRGGI is a multi-state cap-and-trade program established in 2003 and headquartered in New York that operates as a regulatory cooperative with a small dedicated team focused on reducing power sector greenhouse gas emissions across nine Northeast and Mid-Atlantic states.
Funding & FinancialsRGGI operates as a government-created program funded through allowance auctions rather than traditional venture funding; the program has generated billions in revenue for participating states since inception.
Leadership & TeamRGGI is governed by participating states through a Board of Directors representing each member state's environmental agency, with executive leadership coordinated through state environmental officials rather than a traditional corporate CEO structure.
Recent ActivityRGGI continues to strengthen its emissions cap reduction trajectory, with recent program reviews advancing the initiative's 2030 climate targets and expanding revenue allocation toward renewable energy and community climate resilience projects.