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Bill

HB 66

Environment - Regional Greenhouse Gas Initiative - Withdrawal (Restoring Energy Freedom Act)

2026 Regular Session Introduced by Brian Chisholm

Maryland bill withdraws state from Regional Greenhouse Gas Initiative cap-and-trade program, eliminating $100M+ annual clean energy funding and emissions regulations.

Hearing 2/10 at 1:00 p.m.
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Bill Summary · HB 66

Legislative bill overview

HB 66 would withdraw Maryland from the Regional Greenhouse Gas Initiative (RGGI), a multi-state cap-and-trade program that limits carbon dioxide emissions from power plants. The bill, titled the "Restoring Energy Freedom Act," seeks to remove Maryland's participation in this interstate emissions trading system.

Why is this important

RGGI generates approximately $100+ million annually in Maryland revenues directed toward energy efficiency, renewable energy, and environmental programs. Withdrawal would eliminate this funding stream and represents a significant shift in Maryland's climate policy stance, potentially affecting the state's ability to meet emissions reduction goals and fund clean energy initiatives.

Potential points of contention

  • Revenue impact: Loss of auction revenues currently funding clean energy programs, efficiency retrofits, and environmental initiatives across the state
  • Climate commitment: Withdrawal contradicts Maryland's existing commitments under the Climate Solutions Now Act and could undermine regional climate coordination among Northeast states
  • Economic trade-offs: Debate over whether removing emissions regulations reduces energy costs for ratepayers versus the lost economic benefits of clean energy investment and job creation
  • Competitive disadvantage: Other RGGI states may continue advancing clean energy sectors, potentially affecting Maryland's economic positioning in the renewable energy market

Compiled from official sources — confirm details with the bill’s official record.

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