Brian Jones, MJB&A Senior Vice President, served on the Technical Advisory Group for the Analysis Group report, The Economic Impacts of the Regional Greenhouse Gas Initiative on Ten Northeast and Mid-Atlantic States: Review of the Use of RGGI Auction Proceeds from the First Three-Year Compliance Period, released on November 15, 2011. The report examines the flow of dollars associated with the purchase of CO2 emissions allowances in 13 RGGI auctions that took place from Q3 2008 through Q3 2011. It looks at the impact of these allowances on electricity prices in 2009-2011 and assesses the impact of the RGGI-funded programs on electric system outcomes and the macroeconomy from 2009-2021.
Key findings include:
The report is available on Analysis Group’s website.