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New Hampshire House Votes to Quit 10-State Carbon-Trading Market

A bill pulling New Hampshire out of the U.S. Northeast carbon cap-and-trade program advanced in the Republican-led state House.

The House of Representatives voted 240-108 for a bill that would remove New Hampshire from the 10-state Regional Greenhouse Gas Initiative at the end of this year, according to the legislature’s website.

The bill passed the House Committee on Science Technology and Energy on Feb. 15. Today’s vote sent the bill to the House Finance Committee. It must be brought back for a House vote before being sent to the state Senate.

Governor John Lynch, a Democrat, said Feb. 10 he’ll oppose the Republican effort to pull the state out of the regional program, which regulates carbon dioxide from power-plant smokestacks.

To contact the reporter on this story: Simon Lomax in Washington at slomax@bloomberg.net

To contact the editor responsible for this story: Steve Geimann at sgeimann@bloomberg.net

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