delware environmental institute

News Journal: Antipollution program created 953 Delaware jobs

Delaware’s reduction in carbon emissions has created 953 jobs and generated $107.3 million in economic activity over a three-year period, according to a new report. A study by Boston consulting firm the Analysis Group examined the economic benefits of nine states that adopted a 2009 initiative to cut carbon emissions. The program, the Regional Greenhouse Gas Initiative, generated a combined $1.3 billion in economic activity and spawned 14,200 new jobs in those states from 2012 to 2014, according to the study released Tuesday.

Overall, RGGI slashed $460 million from the electric bills of customers living in those states, according to the study. The report did not detail how much of an impact the initiative had on Delaware residents’ electric rates.

The program involved Connecticut, Delaware, Massachusetts, Maryland, Maine, New Hampshire, New York, Rhode Island and Vermont. Each state set a limit on overall carbon emissions that is expected to decrease over the program’s lifespan.