RGGI auction clears below market at $3.55, prices set to halve over 2016

Published 15:22 on December 9, 2016  /  Last updated at 18:51 on December 9, 2016  /  Americas, US  /  No Comments

RGGI states sold all 14.8 million spot allowances offered in this week’s quarterly auction for $3.55 each, the market’s operator announced Friday, marking a $1 fall from the previous auction.

(Updates with details, analyst comments)

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