Rggi Picks Uniform-Price Sealed-Bid Auction Design for First Regional Co2 Auction in US

Michael Giberson The Regional Greenhouse Gas Initiative (RGGI) announced today that the first allowance auction in the United States for a mandatory CO2 emissions reduction program will take place on September 10, 2008. A second auction will take place December 17, with quarterly auctions thereafter; the compliance period will begin January 1, 2009. The announcement …

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