Politics and Policy The Regional Greenhouse Gas Initiative is a program in the northeast US that aims to limit greenhouse gas emissions from the generation of electricity. Fossil-fuel based power plants are given an allowance for how much CO2 they can emit annually. If they want to emit more then they must purchase allowances from an auction or from other participants who have not used their limit. This program is an example of... Group of answer choices A conference of the parties A geoengineering strategy A cap and trade policy A carbon tax policy