Allowance Distribution

CO2 allowances are issued by each RGGI state in an amount defined in each state's applicable statute and/or regulations. Together, all the CO2 allowances issued by all the RGGI states comprise the RGGI cap.

Most allowances are distributed at auction, but a limited amount may be held in set-aside accounts and distributed according to state-specific programs. For a list of state-specific set-aside programs, see this summary document.

The trackers below offer more detail on the distribution of allowances, organized by allocation year. Note that the allocation year of the allowance does not necessarily equal the year that the allowance was distributed. Trackers are updated to account for any changes to the status of past allocation years' allowances (such as retirement or distribution from set-aside accounts).

 

Distribution of 2018 Allocation Year CO2 Allowances

The RGGI 2018 cap is 82.2 million short tons. The RGGI 2018 adjusted cap is 60.3 million short tons. For more details on the distribution of CO2 allowances by state, download the full data here: [ PDF ] [ XLS ]

2018_Budgets.jpg  

Distribution of Third Control Period (2015-2017) CO2 Allowances

For the third three-year control period (2015-2017), the CO2 emissions cap for the nine-state RGGI region (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont) was 88.7 million short tons in 2015, 86.5 million short tons in 2016, and 84.3 million short tons in 2017. The RGGI adjusted cap for the nine-state region was 66.8 million short tons in 2015 million, 64.6 million short tons in 2016, and 62.5 million short tons in 2017. For more details on the distribution of CO2 allowances by state, download the full data here:

[ PDF ] [ XLS ]

TCP_Budgets.jpg      TCP_Distribution.jpg

Distribution of Second Control Period (2012-2014) CO2 Allowances

For the second three-year control period (2012-2014), the CO2 emissions cap for the nine-state RGGI region (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont) was 165 million short tons in 2012 and 2013 and 91 million short tons in 2014. The 2014 RGGI adjusted cap for the nine-state region was 82.8 million. For more details on the distribution of CO2 allowances by state, download the full data here:
[ PDF ] [ XLS ]

SCP_Budgets.jpg      SCP_Distribution.jpg

Distribution of First Control Period (2009-2011) CO2 Allowances

For the first three-year control period (2009-2011), the CO2 emissions cap for the ten-state RGGI region (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont) was 188,076,976. For more details on the distribution of CO2 allowances by state, download the full data here:

[ PDF ] [ XLS ]

SCP_Budgets.jpg      FCP_Budgets.jpg

Note that at the start of the first control period, one-time awards of early reduction allowances (ERAs) were made. See the ERA Awards document for details.