Difference between Allowances and Offsets in Decarbonization and Carbon Markets

 "Carbon markets are a critical tool for decarbonization, and the Regional Greenhouse Gas Initiative (RGGI) provides a great case study. By 2030, the market is poised to eliminate 66% of CO2 emissions from utilities in Northeastern states, while already generating roughly $4.2 billion for participating states to invest in decarbonization. On this episode of the ESG Currents podcast Andrew McKeon, Executive Director of RGGI, joins Bloomberg Intelligence's Director of ESG Research Eric Kane to discuss how the market is structured, why it's successful, and how it might expand in the future. This was recorded on Oct. 17. 

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