NH House moves to pull out of RGGI

The New Hampshire House of Representatives voted yesterday on a bill co-sponsored by a bicameral coalition of five Republican Representatives and three Republican Senators that, if enacted, will repeal New Hampshire’s participation in the Regional Greenhouse Gas Initiative (RGGI). The RGGI is a pact among ten Northeastern states that requires participants to commit to reducing greenhouse gas emissions by certain benchmarks each year.

State House Republicans, led by Speaker Bill O’Brien, have argued that participation in the RGGI is unnecessarily penalizing NH’s small businesses and consumers for dubious environmental gains. With a strong Republican majority in the Senate, it is likely the bill will pass there as well.

See below for full statement from House Speaker O’Brien:

FOR IMMEDIATE RELEASE
Contact: Shannon Shutts – (603) 271-3664
March 30, 2011

House OKs Repeal of RGGI

CONCORD – House Speaker William O’Brien (R-Mont Vernon) today released the following statement regarding the passage of HB 519 by a 251 to 108 vote in the House, moving to become the first state of 10 northeast members to repeal RGGI.

House Speaker William O’Brien:

“Repealing RGGI puts more money in the pockets of New Hampshire citizens through lower electric bills. Eliminating RGGI sends a clear signal to the business community that we are reversing the state’s direction toward a pro-business regulatory environment. New Hampshire is open for business and ready to work with employers to help grow our economy and create good, new jobs. The Regional Greenhouse Gas Initiative has always been a backdoor tax increase on the citizens of New Hampshire and we need to end it and bring in jobs.”

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Author: Staff Reporter

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