WASHINGTON, March 7 (Reuters) – The price for power plants
to emit 1 ton of carbon dioxide in nine northeastern U.S. states
cleared at a record $4 per short ton at the Regional Greenhouse
Gas Initiative’s (RGGI) 23rd permit auction, the market’s
administrator said Friday.
The electronic auction, held on Wednesday, raised a total of
$93.96 million that can be used by the participating states to
invest in clean energy and other consumer benefit programs.
The northeast US carbon market #RGGI raised nearly $94 mln at latest auction, permits cleared at $4/ton
WASHINGTON (Reuters) – A bill to curb the ability of the U.S. Environmental Protection Agency to set limits on carbon emissions from power plants cleared a hurdle in the House of Representatives on Thursday but faces bleak prospects of becoming law.
The Republican-controlled House passed the bill by a 229-183 vote but the Senate, in which Democrats hold a majority, has no timetable to consider the legislation. President Barack Obama already has threatened to veto the bill.