The Regional Greenhouse Gas Initiative (RGGI) announced today the results of the 50th quarterly auction of CO2 allowances.
All of the allowances on offer were sold at the auction held on December 02, 2020. The clearing price of $7.41 was nearly $0.60 higher than the last auction in September.
The December auction offered 16 million allowances from participating RGGI states. There was significant interest with bids outpacing supply by 2.4x. More details on the auction are in the table below:
Auction 50 Statistics
|Allowances on Offer
For more information on RGGI allowance markets or to transact in the market, contact our U.S. Carbon and Emissions Markets desks at: +1 914.323.0255.