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  / Dan McGraw /  Americas, US

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.


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.