Maryland SB373 withdraws the state from the Regional Greenhouse Gas Initiative and allocates funds for energy efficiency and renewable energy.
Maryland SB373 mandates the withdrawal of Maryland from the Regional Greenhouse Gas Initiative. The bill allocates proceeds from the sale of allowances and compliance fees to the Strategic Energy Investment Fund for various energy efficiency and renewable energy programs. These include low-income energy efficiency programs, renewable energy resources, and public education initiatives. The fund also supports job training for energy efficiency and conservation technology, urban tree canopy expansion, and combined heat and power projects at industrial facilities.
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