RGGI Releases Results of 26th Carbon Auction

The 26th RGGI carbon auction sold allowances at $5.21 each, generating approximately $94.82M. On December 5, 2014, the nine member states of the Regional Greenhouse Gas Initiative (RGGI) released the results of their 26th carbon auction (Auction 26) held on December 3.  Auction 26 offered 18,198,685 allowances at a reserve price of $2 each.  It sold…