Archive

  • Pennsylvania set to join RGGI

    04 October 2019

    The US state of Pennsylvania, one of the US’s largest coal and natural gas producers, has agreed to join the Regional Greenhouse Gas Initiative (RGGI).

  • Proposed rule changes boost RGGI carbon price

    11 September 2017

    Prices soared in last week's quarterly auction of emission allowances held by the Regional Greenhouse Gas Initiative (RGGI), the first to be held since the market proposed a set of rule changes.

  • RGGI prices make further strong gains

    07 December 2015

    Carbon 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.

  • RGGI proceeds fund $600m of energy efficiency projects

    22 April 2015

    More than $600 million of proceeds from the US Regional Greenhouse Gas Initiative (RGGI) has been invested in energy efficiency projects, according to a summary report on the market. Energy bill savings of more than $2.3 billion are expected to flow from the projects, it added.

  • RGGI carbon prices remain high in latest auction

    08 September 2014

    A clearing price of $4.88 per short ton of carbon dioxide (CO2) was set in last week's auction of emission allowances by the Regional Greenhouse Gas Initiative (RGGI).

  • RGGI carbon auction price hits record high amid EPA speculation

    09 June 2014

    A new record clearing price of $5.02 for emission allowances in the Regional Greenhouse Gas Initiative (RGGI) was set in the market's 5 June auction.

  • RGGI carbon price hits record high in latest auction

    10 March 2014

    A record clearing price of $4.00 was set in the 5 March auction of emission allowances by the Regional Greenhouse Gas Initiative (RGGI) – the first under its new, tighter emissions cap.

  • RGGI proceeds provide $700m for low-carbon energy projects

    25 February 2014

    The nine US states participating in the Regional Greenhouse Gas Initiative (RGGI) have invested more than $700 million of proceeds from the programme to curb energy use and reduce carbon emissions.

  • RGGI calls on EPA to encourage emissions trading

    03 December 2013

    US states participating in the Regional Greenhouse Gas Initiative (RGGI) have suggested that the Environmental Protection Agency (EPA) should include similar market-based approaches in its guidance to help other states curb their emissions.

  • People moves

    04 November 2013

    The latest people moves in the environmental markets, covering companies including the World Bank, Aberdeen Asset Management, Principles for Responsible Investment, Sindicatum, E.On, PwC and more