RGGI Releases Results of 24th Carbon Auction

Carbon Markets, Energy Efficiency, Environmental Markets, Power & Utilities

The 24th RGGI carbon auction sold allowances at $5.02 each, generating approximately $90.67M. On June 6, 2014, the nine member states of the Regional Greenhouse Gas Initiative (RGGI) released the results of their 24th carbon auction held on June 4.  Auction 24 offered 18,062,384 allowances at a reserve price of $2.00 each.  All allowances sold at…...