NH Senate considers repealing cap-and-trade

May 11, 2011, 4:01 am

NORMA LOVE

CONCORD, N.H. (AP) — Legislation to end New Hampshire's participation in the Regional Greenhouse Gas Initiative is coming up for a vote in the state Senate.

New Hampshire is one of 10 Northeastern states participating in the program aimed at reducing carbon dioxide emissions. Under the program, generators must reduce pollution or bid at auction for allowances giving them the right to produce certain amounts of carbon dioxide.

The Senate is scheduled to vote Wednesday on a House bill that would end the state's participation in the program. The Senate Energy and Natural Resources Committee voted 3-2 to recommend killing the bill.

Senate Republican Leader Jeb Bradley proposes changing the law instead. Bradley would narrow the energy efficiency programs qualifying for money under the law.

Gov. John Lynch opposes repealing the law.

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