MPUC
Regional Greenhouse Gas Initiative (RGGI) Auction Complete
The nine Northeastern and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI), the nation’s first market-based regulatory program to reduce greenhouse gas (GHG) pollution, today announced the results of the 33rd auction of carbon dioxide (CO2) allowances. The September 7th auction was the third auction of 2016, and generated $67.7 million. There were 14,911,315 CO2 allowances were sold at the auction at a clearing price of $4.54. Bids for allowances ranged from $2.10 to $12.65 per allowance.