Americas > RGGI states urged to align CO2 budgets with state climate goals, amend reserve price mechanisms

RGGI states urged to align CO2 budgets with state climate goals, amend reserve price mechanisms

Published 22:24 on April 28, 2023  /  Last updated at 22:24 on April 28, 2023  / /  Americas, US

The ongoing third RGGI programme review should result in significantly tighter annual allowance budgets to reflect ambitious climate targets from member states, and also overhaul the prices and design of the power sector carbon market’s two reserve mechanisms, green groups and business organisations said in public comments published Thursday.
The ongoing third RGGI programme review should result in significantly tighter annual allowance budgets to reflect ambitious climate targets from member states, and also overhaul the prices and design of the power sector carbon market’s two reserve mechanisms, green groups and business organisations said in public comments published Thursday.


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.