Virginia RGGI blockage drops allowance prices, but won’t affect TCI participation

Published 18:51 on May 3, 2019  /  Last updated at 21:27 on May 3, 2019  /  Americas, US  /  No Comments

RGGI allowance (RGA) prices dropped in early trading on Friday as market participants reacted to Virginia Governor Ralph Northam's (D) decision to sign a budget proposal that bars the state’s participation in the northeast US carbon market.

RGGI allowance (RGA) prices dropped in early trading on Friday as market participants reacted to Virginia Governor Ralph Northam’s (D) decision to sign a budget proposal that bars the state’s participation in the northeast US carbon market.

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