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CONTACT:
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 FOR RELEASE:

Immediately
September 25, 2008

 

Statement by State Comptroller Thomas P. DiNapoli on the Regional Greenhouse Gas Initiative

“Today’s northeast auction of greenhouse gas credits makes New York a national leader in addressing the economic and environmental challenges associated with climate change.”

“The revenues generated from this cap and trade program will enable New York to take more comprehensive steps toward reducing climate change pollution, lowering energy bills and promoting economic growth in the state.”

“As the administrator of auction revenues, the New York State Energy Research and Development Authority needs to ensure that we take full advantage of these revenues by implementing energy efficiency programs that enable New Yorkers to retrofit their homes and businesses.”

“Efficiency continues to be one of the most effective means of reducing greenhouse gas emissions. By taking full advantage of RGGI, New York can set an example for the rest of the country to follow.”

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