Consignment auction definition
Consignment auction or "auction" means the CO2 auction conducted on a quarterly basis by RGGI, Inc., in which CO2 budget sources and DMME are allocated a share of allowances by the department that CO2 budget sources and the holder of a public contract with DMME consign into the auction, and auction revenue is returned to CO2 budget sources and the holder of a public contract with DMME in accordance with procedures established by the department.
Consignment auction or “auction” means the CO2 auction conducted on a quarterly basis by