Regional Greenhouse Gas Initiative carbon dioxide allowances sold for 25.75 U.S. dollars per metric ton in the 65th RGGI Auction, held on September 4, 2024. This was a 22 percent price jump from the previous auction, and the highest clearing price in the RGGI's history. In total, 16 million allowances were sold.
The RGGI is a cooperative, market-based program among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont, that sets a cap to reduce power sector emissions. RGGI states distribute CO₂ allowances at quarterly auctions, where they can be purchased by power plants and other entities.
Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance auction clearing prices from 2012 to 2024
(in U.S. dollars per metric ton)
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RGGI. (September 22, 2024). Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance auction clearing prices from 2012 to 2024 (in U.S. dollars per metric ton) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1487692/carbon-allowance-auction-prices-for-rggi/
RGGI. "Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance auction clearing prices from 2012 to 2024 (in U.S. dollars per metric ton)." Chart. September 22, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1487692/carbon-allowance-auction-prices-for-rggi/
RGGI. (2024). Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance auction clearing prices from 2012 to 2024 (in U.S. dollars per metric ton). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1487692/carbon-allowance-auction-prices-for-rggi/
RGGI. "Regional Greenhouse Gas Initiative (Rggi) Carbon Dioxide Allowance Auction Clearing Prices from 2012 to 2024 (in U.S. Dollars per Metric Ton)." Statista, Statista Inc., 22 Sep 2024, https://www.statista.com/statistics/1487692/carbon-allowance-auction-prices-for-rggi/
RGGI, Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance auction clearing prices from 2012 to 2024 (in U.S. dollars per metric ton) Statista, https://www.statista.com/statistics/1487692/carbon-allowance-auction-prices-for-rggi/ (last visited November 23, 2024)
Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance auction clearing prices from 2012 to 2024 (in U.S. dollars per metric ton) [Graph], RGGI, September 22, 2024. [Online]. Available: https://www.statista.com/statistics/1487692/carbon-allowance-auction-prices-for-rggi/
