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The clearing price for the first RGGI auction was $3.07. This was for 12,565,387 allowances. Six of the ten states participated in this auction. Connecticut, Maine, Maryland, Massachusetts, Rhode Island, and Vermont will use the $38,575,738 in proceeds for energy efficiency, renewable energy, and other clean energy technologies.
The next auction is set for December 17, 2008. After that there will be quarterly auctions from Jan 2009 to Dec 2011.
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