New Hampshire

New Hampshire is already a member of the Regional Greenhouse Gas Initiative (RGGI) so has cap and trade control on power plant emissions. They are also a member of the Transportation and Climate Initiative, but have not joined a select group of TCI states who are working to cap transportation emissions and trade emission permits in a system modeled after RGGI.

2019 Legislative Session

HB 735 Relative to carbon pricing (Oxenham) proposes a fee of $20 per ton of carbon starting in 2020. Revenue would be distributed as follows:

  • 70% as a rebate to state residents
  • 20% for greenhouse gas reduction programs for low-income residents, small businesses, and nonprofits
  • 5% as rebates to disproportionately impacted large commercial and industrial energy users
  • 5% for administrative costs.

SB75 Establishes a Commission to Study the Economic Impact of a National Carbon Pricing Program on New Hampshire (Fuller Clark)  establishes a study commission to look at the impacts of a carbon price on the state of New Hampshire.

Last updated February 4, 2019