Regional Greenhouse Gas Initiative

Upcoming Auctions

State CO₂ Allowance Submission Schedule for Regional CO₂ Allowance Auctions

The table below identifies CO₂ allowances to be offered for auction in calendar years 2010 and 2011.  The table includes projected CO₂ allowance quantities for current control period and future control period CO₂ allowances. Final CO₂ allowance quantities may differ slightly based on administration of allocation provisions in state CO₂ Budget Trading Program regulations, including allocation of CO₂ allowances through set-asides and direct sales. Final CO₂ allowance quantities are published in the Auction Notice for each auction available at http://www.rggi.org/co2-auctions/information.

• All CO₂ allowances made available for auction by Participating States, for a respective control period, will be offered for sale prior to the end of that period.
• CO₂ allowances of allocation years falling within the first control period** will be made available for sale by each Participating State in an evenly distributed manner during the first control period.
• By the end of 2010, 5% of available 2013 allocation year CO₂ allowances will be made available for sale. The schedule for future control period CO₂ allowances that will be made available for sale in 2011 is yet to be determined.

* Unused 2009 allocation year CO₂ allowances from Participating States set aside accounts may be auctioned in calendar year 2010 as specified in regulations for each Participating State.

** The first control period consists of the 2009, 2010, and 2011 allocation years.