Image
rggi_peter-james-eisenhaure-pbwjy0m5hrm-unsplash
Official name of scheme

USA - Regional Greenhouse Gas Initiative (RGGI)

ETS Status
in force
Jurisdictions
Connecticut
Delaware
Maine
Maryland
Massachusetts
New Hampshire
New Jersey
Rhode Island
Vermont
Virginia
New York
Start of operation (year)
2010
Sectoral coverage
Power
Allocation
Auctioning
Offsets and credits
Domestic (within RGGI states only)
Cap
97.0 million short tons CO2 or 88.0 MtCO2 (2022)
GHGs covered
CO2
Average auction price
USD 10.59
Total revenue since beginning
4.7 billion
Total revenue (2021)
USD 926 million

General Information

Emissions & Targets

Size & Phases

Allowance Allocation & Revenue

Flexibility & Linking

Compliance

Market Regulation

Other Information