| The states participating in the Regional Greenhouse Gas Initiative (RGGI) 2012 auctions have released the Auction Notice and application materials for their seventeenth quarterly carbon dioxide (CO2) allowance auction, to be held on September 5, 2012. The Auction Notice for CO2 Allowance Auction 17 provides potential auction participants with the information needed to submit a Qualification Application and indicate their intent to bid in Auction 17. As indicated in the Auction Notice for CO2 Allowance Auction 17, the states will offer for sale 37,949,558 CO2 allowances. The states will use a reserve price of $1.93 for the September auction. |