Create Regional Emissions Registry for GHG trading.
Swift signed the New England Governors' Conference resolution:
WHEREAS, the Conference of New England Governors and Eastern Canadian Premiers (NEG/ECP) have developed a Climate Change Action Plan to address actions to reduce the emissions of greenhouse gases in the Region and adapt our economies and social infrastructure to the negative impacts likely to result from climate change; and
WHEREAS, within the region, greenhouse gas emissions within one jurisdiction associated with cleaner energy production, can be offset by greenhouse gas emission reductions within another jurisdiction, resulting from the replacement of higher carbon intensity fuels with imported cleaner energy; and
WHEREAS, the Conference recognizes that substantial opportunities to improve conservation and efficiency in energy use and transportation are embodied in the Climate Change Action Plan [with the following summary of Action Items]:
The Establishment of a Regional Standardized GHG Emissions Inventory
The Establishment of a Plan
for Reducing GHG Emissions and Conserving Energy
The Promotion of Public Awareness
State and Provincial Governments to Lead by Example
The Reduction of Greenhouse Gases from the Electricity Sector
The Reduction of the Total Energy Demand Through Conservation
The Reduction and/or Adaptation of Negative Social, Economic and Environmental Impacts of Climate Change
A Decrease in the Transportation Sector’s Growth in GHG Emissions
The Creation of a Regional Emissions Registry and the Exploration of a Trading Mechanism
NOW, THEREFORE, BE IT RESOLVED that NEG/ECP accepts the Climate Change Action Plan and [commits to its] implementation; and
BE IT FURTHER RESOLVED that [NEG/ECP commits to] work together to address regional energy and environmental issues such as integrated approaches to energy reliability, fuel diversity, regional emission credit trading, energy conservation, and improved energy facility and transmission siting.
Source: NEG/ECP Resolution 26-4: Energy & Environment 01-NEGC4 on Aug 28, 2001