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RGGI Carbon Auctions Not Meeting Expectations | ADKCAP

RGGI Carbon Auctions Not Meeting Expectations

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Means Less Investing in New Energy

The Northeast and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI) has released the results of their 10th auction of carbon dioxide (CO2) allowances, held Wednesday, Dec. 1.  According to a press release issued by the NYS Department of Environmental Conservation (DEC): "As with previous auctions, states are reinvesting the proceeds in a variety of strategic energy programs to save consumers money, benefit the environment and build the clean-energy economies of the RGGI states." Read more on the Adirondack Almanack website.