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DE SB65

DE SB65
An Act To Amend Title 7 Of The Delaware Code Relating To Terminating The Regional Greenhouse Gas Initiative And Co2 Emission Trading Program.


summary

Introduced
03/06/2025
In Committee
03/06/2025
Crossed Over
Passed
Dead

Introduced Session

153rd General Assembly

Bill Summary

An Act To Amend Title 7 Of The Delaware Code Relating To Terminating The Regional Greenhouse Gas Initiative And Co2 Emission Trading Program.

AI Summary

This bill proposes to remove Delaware from the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to reduce carbon dioxide (CO2) emissions from power plants. The bill is motivated by several key observations: Delaware has already surpassed its original emissions reduction goal by achieving a 45% CO2 reduction (compared to the initial 10% target), yet the state ranks 46th in GDP growth and has higher electricity prices compared to faster-growing states. The bill argues that RGGI compliance costs are being passed on to consumers, making energy more expensive for families and businesses. By repealing Subchapter II-A of Chapter 60, Title 7 of the Delaware Code, the legislation aims to withdraw from the RGGI program, allowing Delaware to pursue alternative policies that potentially support both economic growth and energy affordability. The bill suggests that other states not participating in RGGI have maintained competitive electricity rates while still achieving environmental improvements, implying that Delaware can continue to reduce emissions through different approaches.

Committee Categories

Transportation and Infrastructure

Sponsors (17)

Last Action

Introduced and Assigned to Environment, Energy & Transportation Committee in Senate (on 03/06/2025)

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