The Regional Greenhouse Gas Initiative released a report November 19 finding that proceeds from emissions allowance auctions already held will generate about $1.3 billion in lifetime energy savings and avoid emissions of 12 million MT/CO2. The report, Regional Investment of RGGI CO2 Allowance Proceeds, 2011, concluded that clean energy and energy efficiency investments from the proceeds will offset the need for 27 million MWh of electric power and 27 million Btus of energy consumption.