Americas > RGGI auction clears at 4.5-year low as prices keep falling

RGGI auction clears at 4.5-year low as prices keep falling

Published 15:17 on June 9, 2017  /  Last updated at 16:46 on June 9, 2017  /  Americas, US

This week's quarterly RGGI auction cleared at $2.53/ton, the lowest level since late 2012, as prices in the north-eastern US carbon market continued to fall amid oversupply and uncertainty regarding the scheme's future.
This week's quarterly RGGI auction cleared at $2.53/ton, the lowest level since late 2012, as prices in the north-eastern US carbon market continued to fall amid oversupply and uncertainty regarding the scheme's future.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.