First US CO2 allowance auction set for Sept 10
Published March 18th, 2008
Ten northeastern states hoping to reduce power plants and other large-scale greenhouse gas emitters announced plans on Monday for a carbon dioxide allowance auction, to be held on September 10th.
The participating states in the Regional Greenhouse Gas Initiative,Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont , want to sell allowances as part of a cap-and-trade program to take effect beginning Jan. 1, 2009.
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