Maryland is another mid-Atlantic or Northeastern state which may promise action on climate change in 2019, including carbon pricing.
Maryland is a member of the Regional Greenhouse Gas Initiative (RGGI) so has cap and trade control on power plant emissions. They also have joined the Transportation and Climate Initiative, and have joined a select group of TCI states to cap transportation emissions and trade emission permits in a system modeled after RGGI.
HB 939 (Kramer) would establish a greenhouse gas (GHG) “pollution charge”. The fee would start at $15 per ton of CO2 in 2019, increasing by $5 per ton annually until 2025 where it would remain at $45. Revenue from the charge would be used to provide rebates to households and employers and to fund State and local GHG reduction activities. The bill as proposed was contingent on the enactment of substantially similar legislation in at least two other states (likely Massachusetts and Rhode Island). First reading February 2, 2018.
Last updated February 4, 2019