RGGI auction clears near market at $4.54 as bidding wanes

Published 15:12 on September 9, 2016  /  Last updated at 20:39 on October 24, 2016  / /  Americas, US

RGGI states sold all 14.9 million spot allowances offered in this week’s quarterly auction for $4.54 each, the market’s operator announced Friday, as speculators returned to the market but overall bidding interest declined.
RGGI states sold all 14.9 million spot allowances offered in this week’s quarterly auction for $4.54 each, the market’s operator announced Friday, as speculators returned to the market but overall bidding interest declined.


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, log in here.