Evolution Markets' carbon and emissions markets brokerage teams provide an overview of market activity in the Regional Greenhouse Gas Initiative (RGGI). The report, which includes allowance prices and market analysis, can be found HERE.
RGGI expansion has been mixed as Virginia lawmakers blocked entry to the program, but New Jersey reaffirmed its intent to join in 2020. Prices are roughly flat since January, but the future outlook calls for more volatility.
For more information on RGGI or to transact in the market, please contact the Emissions Markets Desk at: +1 914.323.0255 or the Carbon Markets Desk at: +1 914.323.0265.