Governor Josh Shapiro says he wants to decarbonize power generation, but only if it can be done in a way that protects consumers and keeps Pennsylvanians employed in good jobs. Can the Regional Greenhouse Gas Initiative (RGGI) deliver on those priorities? A profusion of recently published economic research says 'yes.'

In the first of a two-part series, the authors of a new study from Penn's Kleinman Center for Energy Policy explain how recent developments -- including Russia's invasion of Ukraine, passage of the Inflation Reduction Act, and new EPA enforcement actions -- have dramatically improved conditions for Pennsylvania's economic success under RGGI.