CO 2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors

@inproceedings{Burtraw2005CO2A,
  title={CO 2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors},
  author={Dallas Burtraw and Danny Kahn and Karen Palmer},
  year={2005}
}
The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The implications of these changes for the value of electricity-generating assets and the market value of the firms that own them depends on the… CONTINUE READING
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