Making a Strong Case Against PA Gov. Wolf’s RGGI Carbon Tax
Pennsylvania's natural gas industry and its power generation industry are closely tied together. What happens in one directly and profoundly affects what happens in the other. Why? Because a majority of PA's electricity is generated by Marcellus natural gas (see the chart at left). Gov. Tom Wolf thinks he can force the state to join the so-called Regional Greenhouse Gas Initiative (RGGI, or Reggie as it's pronounced) to raise $2.36 billion he can give away. RGGI is a tax on carbon, a tax on gas-fired (and coal-fired) power generation. It will effectively kill the Marcellus-fired generation in the state, and in turn, severely wound the entire Marcellus industry that depends on selling its gas to power generators.
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