NEW HAMPSHIRE DOES NOT FOLLOW THROUGH. With demand in the RGGI auction falling since 2009, New Hampshire and its nine partner states began to see less revenue from each quarterly auction. The PUC did not make any awards from the GHGERF in 2011. You can see how all of RGGI’s New Hampshire revenues were spent in the Josiah Bartlett Center’s February 2010 report, RGGI in New Hampshire: The First Two Years. RGGI Inc. began offering carbon allowances for sale in September 2008. New Hampshire began its participation in the second auction, held in December 2008. The first three auctions each generated more than $4 million for the state. But RGGI revenues have not reached that level since, topping $3 million just twice since September 2009, and bottoming out at less than half a million dollars in September 2011.
Posted on: Sat, 27 Dec 2014 21:10:22 +0000
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