In 2005, New Jersey joined nine other Northeastern states in a landmark agreement to limit global warming pollution from the region’s power plants. This agreement, known as the Regional Greenhouse Gas Initiative (RGGI), is designed to clean up pollution from power plants while fueling the transition to a clean energy economy. New Jersey has benefited from RGGI through the investment of funds from the sale of pollution allowances in clean energy projects—projects that are cutting pollution, benefiting energy consumers and creating new economic opportunities.