Governor Lynch says withdrawing from the program designed to reduce carbon dioxide emissions would cost jobs and hinder the state’s economic recovery.
Under RGGI, funds raised from auctions of carbon pollution permits goes to energy efficiency programs in the state.
But those seeking to end the program say it is an unnecessary tax on electric ratepayers.
House Republican Jim Garrity of Atkinson says the fight to repeal RGGI is not over.
“New Hampshire can do a much better job of controlling our own carbon dioxide emissions that’s less expensive than being part of this regional organization which basically imposes a stealth carbon tax on everyone.”
While the House has a veto-proof majority to repeal RGGI, the Senate likely lacks the votes to overturn.
Garrity says a bill that would repeal RGGI has already been filed for the next legislative session.