North America
December 14, 2015
Environmental Markets | Emissions
Policy Brief
Record RGGI Carbon Auction Price Reflects Increasing Market Confidence
Upward Trend Leading Outside States And Regions To Consider Market-Based Emissions Trading In Clean Power Plan Compliance
Key Takeaways: The Regional Greenhouse Gas Initiative’s (RGGI) latest auction sold allowances at a record high price of $7.50 each, reflecting sound market operation Rising allowance prices signify the potential for developing carbon offset projects to meet RGGI emissions reduction requirements RGGI’s power sector-focused program is increasingly recognized for its compatibility with the Environmental Protection…
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