RGGI sells $55.4M in CO2 allowances at 40th auction

THE REGIONAL GREENHOUSE GAS Initiative completed its 40th auction, selling carbon dioxide allowances for a clearing price of $4.02, generating a total of $55.4 million for the nine participating states. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
THE REGIONAL GREENHOUSE GAS Initiative completed its 40th auction, selling carbon dioxide allowances for a clearing price of $4.02, generating a total of $55.4 million for the nine participating states. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
PROVIDENCE – The nine New England and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative Inc. auctioned 13.7 million carbon dioxide allowances at its 40th auction at a clearing price of $4.02, RGGI announced Friday, bringing a total of $55.4 million to the states for use in energy efficiency, renewable energy, direct bill assistance…

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