Gov. Tom Wolf shares wish list for state’s potential proceeds from Regional Greenhouse Gas Initiative; Pa. Senate pumps brakes

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Note: This post was updated at 7:35 p.m. to reflect the Pennsylvania Senate’s vote for a bill requiring legislative approval on any effort by Pennsylvania to join the Regional Greenhouse Gas Initiative. That bill now goes to the House.)

Opening a new front in the fight to place Pennsylvania in the multi-state Regional Greenhouse Gas Initiative, Gov. Tom Wolf and Democratic legislative allies laid out a vision Monday of what the state could do with $250 million-plus annually expected from the future sale of allowances to energy companies for each ton of greenhouse gases they create while powering Pennsylvania.

The three-pronged approach proposes new investments aimed at:

  • Improving energy efficiency across Pennsylvania;
  • Providing direct assistance to towns and regions that will be hurt by transitions away from fossil fuels;
  • Targeting funding to neighborhoods that have suffered from infrastructure moves of the past, like the cutting of…

Read full article at www.pennlive.com