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RGGI raises $240m from carbon allowance sales in 2018
30 April 2019Almost $240 million was raised from the quarterly auctions of emission allowances in the US Regional Greenhouse Gas Initiative (RGGI) last year, according to market monitoring firm Potomac Economics.
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RGGI carbon prices fail to hold on to Q3 gains
29 May 2018The price of emission allowances in the US Regional Greenhouse Gas Initiative (RGGI) has slipped back below $4 in the secondary market in recent weeks after surging to $4.65 in August on news of planned rule changes.
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RGGI regulatory change drives 'dramatic surge' in allowance prices
28 November 2017A 49% increase of the price of allowances in the Regional Greenhouse Gas Initiative (RGGI) carbon market in Q3 is a direct result of regulatory reform to lower the number of available allowances, a study suggests.
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Investors play increasing role in RGGI, as prices soar
23 May 2016The average auction clearing price of emission allowances in the Regional Greenhouse Gas Initiative (RGGI) market jumped 29% last year, while the share of allowances held by investment firms rose during the year to 36% from 15%.