According to ConservationNH, RGGI is a "regional market-based program designed to reduce air pollution at the lowest cost. It was instituted by ten northeastern states to help limit carbon emissions, encourage innovation in alternative energy, and improve energy efficiency."
The Republican led House passed HB 519, repealing New Hampshire's participation in this program. Ten leading environmental organizations signed a letter in opposition to the bill:
"The repeal of this important program is shortsighted, would undermine the state's environmental and energy goals, is not in the best interest of ratepayers, and would create an atmosphere where New Hampshire citizens would question the Legislature's commitment to reducing carbon emissions and our reliance on foreign oil. Rather than repeal, we urge a careful and thorough review of the RGGI program in order to make any needed reforms."
The conversation around RGGI is complicated. Here are a few articles and resources to better understand the program:
http://conservationnh.org/climate-energy/a-rggi-primer/
http://des.nh.gov/organization/divisions/air/tsb/tps/climate/rggi/index.htm
http://www.seacoastonline.com/articles/20120611-NEWS-206110317
http://en.wikipedia.org/wiki/Regional_Greenhouse_Gas_Initiative
Adam Schroadter and Josh Davenport both voted to withdraw from RGGI.
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