Environment Council of Rhode Island

...building an ecologically healthy future in a sustainable economy

Energy

RGGI auction sets new highs, demonstrates need for climate and justice reforms

BOSTON, MA- Today, the states participating in the Regional Greenhouse Gas Initiative (RGGI) announced the results of the program’s record-setting 54th auction. Emissions allowances were sold for $13.00 each, generating $351 million in proceeds for investment in the clean energy economy. Both the allowance price and the auction proceeds establish new record highs for the RGGI program, which has now been in operation for 13 years.

Vineyard Wind

Vineyard Wind LLC, an offshore wind development company 50% owned by funds of Copenhagen Infrastructure Partners (CIP) and 50% owned by Avangrid Renewables, LLC, is currently in the permitting and financing process for the first large-scale offshore wind energy project in the United States.

Desautel Law

Desautel Law is a leading litigation firm in Rhode Island for environmental law, energy and utility law, and land use law matters. The Firm has the experience and connectivity to take on the most complex problems in today’s economy.

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