NA Markets: California allowances surge to new all-time high above $26 after recall election

Published 17:58 on September 15, 2021  /  Last updated at 22:57 on September 15, 2021  /  Americas, Canada, US  /  No Comments

California Carbon Allowances (CCAs) soared to a new record high on Wednesday morning after Governor Gavin Newsom (D) survived a recall election, with traders adding that aggressive buying had caused prices to pop more than $1 on the day. 

California Carbon Allowances (CCAs) soared to a new record high on Wednesday morning after Governor Gavin Newsom (D) survived a recall election, with traders adding that aggressive buying had caused prices to pop more than $1 on the day.

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