RGGI Secondary Market Competitive, Volume Up in Second Quarter, Report Says

摘要

The secondary market for Regional Greenhouse Gas Initiative (RGGI) allowances was competitive and efficient in the second quarter of 2009, according to a report released Sept. 4 by RGGI.rnThe report, which was prepared for RGGI by Potomac Economics of Fairfax, Va., said trading volumes increased from the first quarter, and prices for futures contracts for RGGI allowances stabilized.rnThe report said the daily closing price for RGGI futures contracts on the Chicago Climate Futures Exchange averaged $3.49 in the second quarter. The price ranged from $2.97 on June 24 to $3.85 on March 16.