New York scheduled to join December carbon auction | Reuters

NEW YORK, Sept 15 (Reuters) - New York state is expected to sell carbon credits in the United States' second greenhouse gas auction, which is scheduled for Dec. 17, after a state agency approved final rules on Monday.

The Regional Greenhouse Gas Initiative, a group of 10 northeast and mid-Atlantic states that formed the first U.S. carbon market in an attempt to slow global warming, will hold its first carbon credit auction on Sept. 25.