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Auction prices for regional carbon dioxide allowances have increased since the 2017 low
The Regional Greenhouse Gas Initiative (RGGI) is the first mandatory market-based program in the United States intended to reduce greenhouse gas emissions. RGGI was formed as a cooperative effort among 10 northeastern states to cap and reduce carbon dioxide (CO2) emissions from the participating states' power sectors. RGGI CO2 emission allowances are available to affected companies and other interested parties at quarterly auctions.

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