RGGI Q3 2011 Secondary Market Report on the Secondary Market from RGGI CO2 Allowances: Third Quarter 2011 released today. Prepared by Potomac Economics, the independent market monitor for the RGGI market, the report continues to find no evidence of anti-competitive conduct in the RGGI CO2 allowance secondary market.
CO2 allowance prices in the secondary market remained stable through the third quarter, with prices ranging from $1.85 to $1.89, very close to the auction reserve price of $1.89.
The Report on the Secondary Market for RGGI CO2 Allowances: Third Quarter 2011 is part of Potomac’s ongoing monitoring of the RGGI auctions and the secondary markets where CO2 allowances trade. The report, which addresses the period from July to September 2011, is based on data reported to the Commodity Futures Trading Commission (CFTC), the Chicago Climate Futures Exchange (CCFE), and the New York Mercantile Exchange (NYMEX), as well as other data.
The complete Report on the Secondary Market for RGGI CO2 Allowances (RGGI)