First North American Auction of Carbon Permits Sets Price at $3.07/ton
by
Timothy B. Hurst on
October 9th, 2008
The Regional Greenhouse Gas Initiative (RGGI) held the first auction for carbon permits in North America and as previously reported, many deem it a success. RGGI (pronounced ‘reggie’) is a regional agreement between ten northeastern states to manage and regulate greenhouse gas emissions with a system that requires fossil-burning utilities to buy permits for the [...]



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