New York may up RGGI allowances

New York state governor David Paterson has confirmed he will investigate the case for allocating more allowances under the Regional Greenhouse Gas Initiative (RGGI), a scheme that limits emissions from power plants in 10 north eastern US states that took effect on January 1 2009.

Morgan Hook, a spokesperson for the governor's office, said Paterson would examine the results of the last two RGGI auctions, held in December 2008 and March 2009, to determine if more allowances should be given out to t

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: