California carbon prices to hit $40 in 2030 as annual deficits grow -analysts

Published 17:59 on March 19, 2021  /  Last updated at 17:59 on March 19, 2021  /  Americas, Canada, RINs & LCFS, US  /  No Comments

California Carbon Allowance (CCA) prices will more than double this decade as emissions reductions cannot keep pace with more ambitious cap-and-trade allowance budgets, analysts with a major US investment bank said Friday.

California Carbon Allowance (CCA) prices will more than double this decade as emissions reductions cannot keep pace with more ambitious cap-and-trade allowance budgets, analysts with a major US investment bank said Friday.

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