Virginia to install state-run RGGI auctions after bill passage

Published 16:43 on April 17, 2020  /  Last updated at 16:43 on April 17, 2020  /  Americas, US  /  No Comments

The Virginia Department of Environmental Quality (DEQ) will revise its existing RGGI-modelled cap-and-trade regulation to implement state-run auctions as the state eyes entering the Northeast US power sector carbon market next year.

The Virginia Department of Environmental Quality (DEQ) will revise its existing RGGI-modelled cap-and-trade regulation to implement state-run auctions as the state eyes entering the Northeast US power sector carbon market next year.

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