Mid-decade WCI allowance shortage could cause CCA prices to soar -analysts

Published 22:27 on March 10, 2021  /  Last updated at 22:27 on March 10, 2021  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices could rise toward the end of the decade due to the WCI cap-and-trade programme’s tightening CO2 caps, although state and federal climate action could reduce permit demand and potentially undermine the effectiveness of the scheme, analysts said Wednesday.

California Carbon Allowance (CCA) prices could rise toward the end of the decade due to the WCI cap-and-trade programme’s tightening CO2 caps, although state and federal climate action could reduce permit demand and potentially undermine the effectiveness of the scheme, analysts said Wednesday.

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