The Regional Greenhouse Gas Initiative (RGGI) announced today the results of the 46th quarterly auction of CO2 allowances.
All of the allowances on offer were sold at the auction held on December 04, 2019. The clearing price of $5.61 was $0.40 higher than the last auction in September, but flat to the June 2019 auction results.
The December auction offered 13 million allowances from participating RGGI states. Compliance-oriented entities purchased just 48% of the allowances on offer. More details on the auction are in the table below:
|Allowances on Offer||13,116,444|
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.