Analysts raise WCI price forecasts on rise of long-term speculative interest

Published 01:08 on May 15, 2019  /  Last updated at 01:30 on May 15, 2019  /  Americas, Canada, US  /  No Comments

The influx of speculators into the California Carbon Allowance (CCA) market over the past several months will tighten the amount of available permit supply and raise prices going forward, though little change to the WCI programme’s emissions profile is expected, analysts said Tuesday.

The influx of speculators into the California Carbon Allowance (CCA) market over the past several months will tighten the amount of available permit supply and raise prices going forward, though little change to the WCI programme’s emissions profile is expected, analysts said Tuesday.

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