RGGI auction clears at $4.53 as speculative interest fades away

Published 15:47 on June 3, 2016  /  Last updated at 16:08 on June 3, 2016  /  Americas, US  /  No Comments

The nine US states participating in RGGI sold all 15.1 million allowances offered in this week's auction for $4.53 each, the market’s operators announced Friday, a clearing price around 15 cents below the secondary market but well above the sale’s reserve price.

The nine US states participating in RGGI sold all 15.1 million allowances offered in this week’s auction for $4.53 each, the market’s operators announced Friday, a clearing price around 15 cents below the secondary market but well above the sale’s reserve price.

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