RGGI Releases Results of 25th Carbon Auction

The 25th RGGI carbon auction, which marks RGGI’s sixth full year, sold allowances at $4.88 each, generating approximately $87.83M. On September 5, 2014, the nine member states of the Regional Greenhouse Gas Initiative (RGGI) released results of their 25th carbon auction (Auction 25) held on September 3.  Auction 25 offered 17,998,687 allowances at a reserve…