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CO2 allowances are issued by each RGGI Participating State in an amount defined in each state's applicable statute and/or regulations. Together, all the allowances issued by all the RGGI Participating States comprise the regional CO2 emissions cap.
The tables below show how each of the Participating States has allocated CO2 allowances for the 2010 allowance vintage (Table 1) and the 2009 allowance vintage (Table 2). Please note that percentages are subject to slight adjustment as states allocate CO2 allowances from set-aside accounts in accordance with state regulations.
Table 1: Vintage 2010 CO2 Allowances -- Allocation Summary
(As of March 2011)
|
|
2010 CO2 Allowance Budget
|
Offered at Auction
|
Sold at Auction
|
Sold at Fixed Price
|
Total Sold
|
Offered But Unsold at Auction
|
Transferred from State Accounts
|
Remaining to be Transferred from State Accounts
|
Retired
|
|
CT
|
10,695,036
|
93.97%
|
77.76%
|
0.46%
|
78.21%
|
16.21%
|
2.03%
|
2.63%
|
0.91%
|
|
DE*
|
7,559,787
|
51.14%
|
47.54%
|
N/A
|
47.54%
|
9.60%
|
26.89%
|
0.00%
|
15.97%
|
|
ME
|
5,948,902
|
82.45% |
69.03%
|
N/A
|
69.03%
|
13.42%
|
0.00%
|
17.55%
|
0.00%
|
|
MD
|
37,503,983
|
80.30%
|
66.81%
|
0.00%
|
66.81%
|
13.49%
|
5.66%
|
13.77%
|
0.27%
|
|
MA
|
26,660,204
|
98.59%
|
82.03%
|
N/A
|
82.03%
|
16.56%
|
0.00%
|
1.41%
|
0.00%
|
|
NH
|
8,620,460
|
71.00%
|
59.41%
|
N/A
|
59.41%
|
11.59%
|
29.00%
|
0.00%
|
0.00%
|
|
NJ
|
22,892,730
|
97.76%
|
77.18%
|
0.00%
|
77.18%
|
20.59%
|
0.00%
|
2.24%
|
0.00%
|
|
NY
|
64,310,805
|
94.14%
|
78.33%
|
N/A
|
78.33%
|
15.82%
|
2.33%
|
1.09%
|
2.44%
|
|
RI
|
2,659,239
|
99.00%
|
82.37%
|
N/A
|
82.37%
|
16.63%
|
0.00%
|
1.00%
|
0.00%
|
|
VT
|
1,225,830
|
100.00%
|
82.94%
|
N/A
|
82.94%
|
17.06%
|
0.00%
|
0.00%
|
0.00%
|
|
TOTAL
|
188,076,976
|
89.63%
|
74.07%
|
0.03%
|
74.10%
|
15.56%
|
4.45%
|
4.31%
|
1.58%
|
*In Delaware, the percentage of CO2 allowances allocated to auction shall increase by 8% per year from 2009-2014, such that 100% of CO2 allowances shall be auctioned in 2014.
Table 2: Vintage 2009 CO2 Allowances -- Allocation Summary
(As of March 2011)
|
|
2009 CO2 Allowance Budget
|
Offered at Auction
|
Sold at Auction
|
Sold at Fixed Price
|
Total Sold
|
Offered But Unsold at Auction
|
Transferred from State Accounts
|
Remaining to be Transferred from State Accounts
|
Retired
|
|
CT
|
10,695,036
|
95.50%
|
92.70%
|
1.61%
|
94.32%
|
2.79%
|
1.99%
|
0.00%
|
0.91%
|
|
DE*
|
7,559,787
|
50.42%
|
50.42%
|
N/A
|
50.42%
|
0.00%
|
33.61%
|
0.00%
|
15.97%
|
|
ME
|
5,948,902
|
84.68%
|
84.68%
|
N/A
|
84.68%
|
0.00%
|
0.00%
|
15.30%
|
0.02%
|
|
MD
|
37,503,983
|
86.23%
|
86.23%
|
0.00%
|
86.23%
|
0.00%
|
0.00%
|
13.77%
|
0.00%
|
|
MA
|
26,660,204
|
98.59%
|
98.59%
|
N/A
|
98.59%
|
0.00%
|
0.00%
|
1.41%
|
0.00%
|
|
NH
|
8,620,460
|
71.00%
|
71.00%
|
N/A
|
71.00%
|
0.00%
|
29.00%
|
0.00%
|
0.00%
|
|
NJ
|
22,892,730
|
74.48%
|
74.30%
|
24.70%
|
99.01%
|
0.17%
|
0.79%
|
0.00%
|
0.03%
|
|
NY
|
64,310,805
|
93.97%
|
93.97%
|
N/A
|
93.97%
|
0.00%
|
2.45%
|
0.97%
|
2.61%
|
|
RI
|
2,659,239
|
99.00%
|
99.00%
|
N/A
|
99.00%
|
0.00%
|
0.00%
|
1.00%
|
0.00%
|
|
VT
|
1,225,830
|
99.00%
|
99.00%
|
N/A
|
99.00%
|
0.00%
|
0.00%
|
0.84%
|
0.16%
|
|
TOTAL
|
188,076,976
|
87.80%
|
87.62%
|
3.10%
|
90.72%
|
0.18%
|
3.73%
|
3.78%
|
1.59%
|
*In Delaware, the percentage of CO2 allowances allocated to auction shall increase by 8% per year from 2009-2014, such that 100% of CO2 allowances shall be auctioned in 2014.
Table Key
- The CO2 Allowance Budget is the total number of CO2 allowances issued by each state for a given compliance year (i.e. the total number of “2010 vintage CO2 allowances” issued).
- Offered at Auction: Percent of CO2 Allowance Budget offered for auction.
- Sold at Auction: Percent of CO2 Allowance Budget sold at auction.
- Sold at Fixed Price: Percent of CO2 Allowance Budget sold directly to regulated sources at a fixed price.
- Total Sold: Percent of CO2 Allowance Budget sold (includes CO2 allowances sold at auction and CO2 allowances sold at a fixed price).
- Offered but Unsold at Auction: Percent of CO2 allowance budget offered at a previous auction, but not sold.
- Transferred from State Accounts: Percent of CO2 Allowance Budget that has been distributed directly from state accounts.
- Remaining to be Tranferred from State Accounts: Percent of CO2 Allowance Budget remaining in state accounts for future distribution.
- Retired: Percent of CO2 Allowance Budget that has been retired.
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