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Governor Christie Pulls out of Regional Greenhouse Gas Initiative RGGI


New Jersey Governor Chris Christie announced today that ” We (New Jersey) will withdraw from RGGI in an orderly fashion by year’s end”. This news is coming in front of a summer release of an amended Energy Master Plan for NJ. It is suspected that the major focus of the …

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Posted in: Research, RGGI

RGGI Inc. Publishes Benefits of Regional Greenhouse Gas Initiative


RGGI, INC., a 501(c)(3) non-profit corporation established to support development and implementation of the Regional Greenhouse Gas Initiative (RGGI), published a report outlining the benefits of the program. The report is titled Investment of Proceeds from RGGI CO2 Allowances. The full Report can be found at: http://www.rggi.org/docs/Investment_of_RGGI_Allowance_Proceeds.pdf This is a …

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Posted in: Research, RGGI

The Beginning of the End for RGGI


The Regional Greenhouse Gas Initiative, the 10 Northeast State Carbon market, is on its last legs. New Hampshire House passed a bill that would repeal the state’s membership in the RGGI. This comes behind a year in which New York and New Jersey used their RGGI funds to plug State …

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Posted in: Research, RGGI

Michael Flett to Speak at Carbon TradeEx America on September 28th -29th


Michael Flett, President and CEO, of Flett Exchange is speaking at the Carbon TradeEx America on September 28th -29th, 2010 in Chicago. This is a leading Trade Show and Conference in North America serving international business, finance, technology, venture capital, government communities in abatement, trading, monitoring, crediting and compliance of …

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Posted in: Press Releases, RGGI


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Proposed Amendments to Mandatory Greenhouse Gas Reporting Rule


March 22nd, 2010 – Environmental Protection Agency Administrator Dr. Lisa Jackson proposed amendments to the general provisions (subpart A) for the mandatory reporting of greenhouse gases. Under this proposal are three new provisions that facilities reporting greenhouse gas emissions under part 98 of the Mandatory Greenhouse Gas Reporting rule would …

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Posted in: RGGI


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RGGI CO2 Allowances Secondary Market Report


Potomic Economics published a report on the RGGI market satus as of September 2009. Click on the following link for the report: http://www.rggi.org/docs/Secondary_Market_Report_September_2009.pdf


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Regional Greenhouse Gas Initiative (RGGI) Certificates Trade Up 33%


Regional Greenhouse Gas Initiative RGGI allowancess trade up 33% from the $3.07 auction clearing price. Prices on the Chicago Climate Exchange traded $4.60 for Dec 09 futures contracts on October 28, 2008. These prices are flat from pre-auction pricing. RGGI futures contracts debuted in August and have been in a $5.50 …

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Flett Exchange Launches Regional Greenhouse Gas Initiative (RGGI) Allowance Market


On October 7th, 2008, Flett Exchange launched its Regional Greenhouse Gas Initiative (RGGI) carbon dioxide allowance market. The market is available to customers on the Flett Exchange Electronic Trading Platform. The market is for the immediate physical delivery of RGGI allowances through the RGGI CO2 Allowance Trading System (RGGI-COATS). Orders …

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First Regional Greenhouse Gas Initiative RGGI Auction clears at $3.07


The clearing price for the first RGGI auction was $3.07. This was for 12,565,387 allowances. Six of the ten states participated in this auction. Connecticut, Maine, Maryland, Massachusetts, Rhode Island, and Vermont will use the $38,575,738 in proceeds for energy efficiency, renewable energy, and other clean energy technologies. The next …

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