Aggressive Q3 auction buying may halt RGGI allowance bull run -traders

Published 18:02 on September 8, 2020  /  Last updated at 18:18 on September 8, 2020  / Dan McGraw /  Americas, US

RGGI traders anticipate allowance prices in the Northeast US ETS will stagnate or sink on the secondary market after emitters ramped up purchases during the Q3 auction, following permit values hitting four-year highs this summer.
RGGI traders anticipate allowance prices in the Northeast US ETS will stagnate or sink on the secondary market after emitters ramped up purchases during the Q3 auction, following permit values hitting four-year highs this summer.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.