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Regional Greenhouse Gas Initative

 

Introduction
Regulation 1147 establishes Delaware's portion of a multi-state carbon dioxide (CO2) cap-and trade program. The cap-and-trade program was developed by the Regional Greenhouse Gas Initiative, or RGGI, which is a cooperative effort among a number of Northeastern and Mid-Atlantic States. The RGGI Memorandum of Understanding (MOU) was originally signed by Connecticut, Delaware, Maine, New Hampshire, New Jersey, New York and Vermont and subsequently by Maryland, Massachusetts, and Rhode Island.

The purpose of RGGI is to reduce the emissions of CO2 from EGUs (electric generating units). CO2 is a greenhouse gas that contributes to global warming. 

Delaware CO2 Budget Trading Program - Regional Auction
To support the state CO2 Budget Trading Program, the RGGI participating states have implemented a regional auction platform to sell CO2 allowances.Read the Auction Notice for more information. Information can also be found in the RGGI Executive Summary and on the RGGI website

DELAWARE CO2 Allowance Submission Schedule for 2017 Regional CO2 Allowance Auctions

Final CO2 allowance auction dates and CO2 allowance quantities are published in the Auction Notice for each auction, available at:  http://www.rggi.org/market/co2_auctions/information

 Projected Auction Date

 Auction Format

 Allocation Year

 Projected Quantity

Cost Containment Reserve 

 03/08/17

 Sealed bid, uniform price

 2017

 714,569

 457,658

 06/06/17

 Sealed bid, uniform price

 2017

 714,569

 Remainder of 457,658

 09/06/17

 Sealed bid, uniform price

 2017

 714,569

 Remainder of 457,658

 12/06/17

 Sealed bid, uniform price

 2017

 714,569

 Remainder of 457,658

Total 2017 Allowances

2,858,274


If you have questions about the RGGI auction, information can be found at Auction FAQs.

Amendment to Regulation 1147 - 2012 Program Review Amendments 
As called for in the original RGGI Memorandum of Understanding, the participating states conducted a program review of the CO2 Budget Trading Programs. Proposed amendments to the program have been incorporated in an Updated Model Rule (released Feb. 7, 2013) that will guide Delaware as it follows its own statutory and/or regulatory procedures to propose updates to 7 DE Admin. Code 1147 - CO2 Budget Trading Program.

Path Forward
Delaware's schedule for adopting the 2012 RGGI Program Review amendments to Regulation 1147 was as follows:

            Discussion Draft Regulatory Language Available - May 14, 2013


For additional information, please contact Valerie Gray in Dover at (302) 739-9402, or at valerie.gray@state.de.us.

Additional information on the RGGI program is available at the following websites:

Greenhouse Gas lnventory
The Greenhouse Gas (GHG) inventory reports present data and analyses on the six greenhouse gases listed in the Kyoto Protocol. The six GHGs include carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), and sulfur hexafluoride (SF6). The Division of Air Quality (DAQ) prepares the GHG inventory to characterize Delaware's historical, as well as, projected GHG emissions, and thereby inform the policy option development process.  The reports provide information on the activities that caused emissions and removals, as well as background information on the methods used to estimate the emissions. The GHG inventory has four key objectives:

  • Identify and characterize GHG emissions sources and sinks,
  • Quantify GHG emissions and removal from sources and sinks,
  • Document the emission inventory data and analytical results, and
  • Document the GHG  inventory data sources.

2008 GHG Inventory Report
2008 GHG Inventory Executive Summary
2010 GHG Inventory
2010 GHG Inventory Executive Summary 


Contact Information:

Valerie Gray
(302) 739-9402
E-mail: valerie.gray@state.de.us 

Revised: 1/24/17

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