RGGI States Initiate Bidding Process for December 2009 Auction
October 20, 2009The states participating in the Regional Greenhouse Gas Initiative (RGGI) today released the Auction Notice and application materials for their sixth regional carbon dioxide (CO2) allowance auction, scheduled for December 2, 2009. The materials publicize key auction details, including the number of allowances offered for sale and the reserve price, and provide potential auction participants the information needed to submit a qualification application. The participating states will offer for sale 28,591,698 allowances for the 2009 vintage and 2,172,540 allowances for the 2012 vintage. States will continue to use a reserve price of $1.86 for all allowances in Auction 6.
To learn more visit: http://www.rggi.org/docs/Auction_6_Notice_Release_FINAL.pdf
Fourth RGGI Auction Yields $104.2 million for Investment in the Green Economy
July 07, 2009(NEW YORK, NY) – The states participating in the first-in-the-nation cap-and-trade system for greenhouse gases conducted their fourth regional auction of carbon allowances Wednesday, June 17th, raising $104.2 million for investment in the clean energy economy. Under the Regional Greenhouse Gas Initiative (RGGI), these ten partnering states hold quarterly allowance auctions and invest the proceeds in energy efficiency, renewable energy and other programs that benefit energy consumers and create green jobs. All of the 30,887,620 allowances for the 2009 vintage sold at a price of $3.23. All of the 2,172,540 allowances for the 2012 vintage sold at a price of $2.06. To read more, go to: http://www.rggi.org/docs/Auction_4_News_Release_MM_Report.pdf