Virginia is for RGGI Lovers | Argus Media

In this episode, Michael Ball, editor of Air Daily speaks with carbon reporter Ida Balakrishna as she examines the recent surge in RGGI allowance prices and the market forces driving unprecedented volatility. The discussion explores how Virginia’s earlier-than-expected return is raising supply concerns, alongside rising emissions, growing data center-driven power demand, and shifting compliance strategies. They also unpack recent auction surprises, seasonal demand factors, and potential regulatory responses shaping the outlook for the RGGI market. Key Takeaways: Market volatility and price surges driven by Virginia's re-entry into RGGI in July Rising energy demand which is shaping emissions outlook and allowance demand Compliance deadlines and evolving regulatory expectations influencing trading behavior External drivers including seasonal demand patterns and auction outcomes