The $40.4 million in funds generated by the auction will be reinvested by the RGGI States in energy efficiency, clean and renewable energy, direct bill assistance, and other consumer benefit programs across the region.
Bids for the CO2 allowances ranged from $1.93 to $6.14 per allowance, with a clearing price of $1.93, the minimum reserve price for the auction. Allowances sold represent 57 percent of the 36,426,008 allowances offered for sale by the nine states.
The next RGGI auction is scheduled for September 5, 2012.
More data is available at: http://www.rggi.org/market/co2_auctions/results