Critique of a RGGI Alternative for New Jersey

The Institute for Policy Integrity critiques a proposal for New Jersey to exit RGGI, noting that the analysis fails to account for long-term power plant investments, the loss of state revenues from allowance sales, and the global impact on greenhouse gas emissions. It further argues that the proposal's 'Fixed Price Proposal' lacks a concrete policy mechanism to achieve its modeled $7 price.

• The analyzed paper fails to assess global greenhouse gas emission impacts because it excludes RGGI states that are not part of the PJM Interconnection.
• The proposal focuses exclusively on short-term changes in existing power plant usage and ignores long-term effects regarding new power plant investments.
• The proposal overlooks the loss of state revenues from allowance sales, which are typically used to fund clean energy programs and lower consumer power bills.
• The 'Fixed Price Proposal' mentioned in the paper is an abstract model with a fixed price of $7 for New Jersey rather than a specific, actionable policy design.

APA

Domeshek, E. B. S. M. (2026). Critique of a RGGI Alternative for New Jersey. Institute for Policy Integrity. https://policyintegrity.org/publications/detail/critique-of-a-rggi-alternative-for-new-jersey

Chicago

Domeshek, Elizabeth B. Stein, Maya. Critique of a RGGI Alternative for New Jersey. Institute for Policy Integrity, 2026. https://policyintegrity.org/publications/detail/critique-of-a-rggi-alternative-for-new-jersey.

Wikipedia

{{cite press release |last1=Domeshek |first1=Elizabeth B. Stein, Maya |title=Critique of a RGGI Alternative for New Jersey |publisher=Institute for Policy Integrity |date=13 October 2026 |url=https://policyintegrity.org/publications/detail/critique-of-a-rggi-alternative-for-new-jersey |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{domeshek2026critique, author = {Domeshek, Elizabeth B. Stein, Maya}, title = {{Critique of a RGGI Alternative for New Jersey}}, publisher = {Institute for Policy Integrity}, year = {2026}, month = oct, url = {https://policyintegrity.org/publications/detail/critique-of-a-rggi-alternative-for-new-jersey}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }