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Massachusetts could gain $5.5bn from proposed carbon market for transport sector
07 January 2019A proposed ‘cap-and-invest’ initiative to reduce transport emissions in Massachusetts could generate more than $5.5 billion for investments in the state’s transport infrastructure by 2030, a research group has claimed.
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RGGI price slump prompts calls for reform
13 March 2017Emission allowances in the latest auction held by the northeastern US carbon market slumped to a three-year low, prompting renewed calls for a substantial reform of the market.
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RGGI carbon market needs four key reforms, says research group
11 August 2016Four key reforms to the US Regional Greenhouse Gas Initiative (RGGI) market to ensure it continues to drive down power sector emissions and can attract more members, have been proposed by the Acadia Center, a research organisation.
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RGGI prices make further strong gains
07 December 2015Carbon allowances in the Regional Greenhouse Gas Initiative (RGGI) market soared to a new high of $7.50 in the latest quarterly auction, held on 2 December.