Maine gets more than $2.5M from cap-and-trade program

ASSOCIATED PRESS • June 15, 2020

Maine has received more than $2.5 million via a multi-state cap-and-trade program. The money is the product of the 48th auction of carbon dioxide emission allowances on June 3. The Regional Greenhouse Gas Initiative is designed to cut carbon dioxide emissions from power plants that generate more than 25 megawatts. The money generated from the auction will be invested in energy efficiency for Maine residents.