Regional Greenhouse Gas Initiative

an initiative of the Northeast and Mid-Atlantic States of the U.S.

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State CO2 Allowance Submission Schedule for Regional CO2 Allowance Auctions

The table below identifies projected CO2 allowances to be offered for auction in calendar year 2012. Final CO2 allowance quantities may differ slightly based on administration of allocation provisions in state CO2 Budget Trading Program regulations. Final CO2 allowance quantities are published in the Auction Notice for each auction.

 

2012 RGGI CO2 Allowance Auctions
(Current Control Period)
Auction Auction Date Auction Format Allocation Year* Projected Quantity
15 March 14, 2012 Sealed bid, Uniform Price 2012 34,843,858
16 June 6, 2012 Sealed bid, Uniform Price 2012 32,250,000
17 September 5, 2012 Sealed bid, Uniform Price 2012 32,250,000
18 December 5, 2012 Sealed bid, Uniform Price 2012 32,250,000

 

All CO2 allowances made available for auction for a respective control period will be offered for sale prior to the end of that period.

Please note, future control period allowances will not be offered in 2012.

 

* States participating in 2012 auctions may auction first control period allowances from set aside accounts as specified in regulations for each state.