Webinars U.S. Regulatory Update | Page 18

Regional Greenhouse Gas Initiatives
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9 RGGI member states issued updated model rule in 2013.
Results:
• Lower regional emissions cap for CO2 (91 million tons)
• CO2 allowances sold for record high price of $4 in
recent auction

January 2014: Board approved linking of California’s Cap and
Trade Program with Quebec’s.
• Increased flexibility
• International cooperation

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U.S. Regulatory Update

18