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RGGI Auction Raises $106m

The Regional Greenhouse Gas Initiative cap-and-trade program raised $105.9 million for green reinvestment from its latest allowance auction, the program has announced. Some 37,835,405 CO2 allowances were sold at the auction, held March 13, at a clearing price of $2.80. The nine Northeastern and Mid-Atlantic states that participate in the program will now invest the money […]

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