North America
March 10, 2014
Environmental Markets | Carbon Markets
Policy Brief
RGGI Releases Results of First Carbon Auction under New Cap
The first RGGI carbon credit auction under the new 2014 cap sold allowances at $4 each, the highest since RGGI began its cap-and-trade program in 2008. On March 7, 2014, Regional Greenhouse Gas Initiative (RGGI) member states announced results of their 23rd carbon credit auction held on March 5. The auction was the first to…
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