NA Markets: California, RGGI allowance prices log new highs before cooling off

Published 22:08 on October 7, 2021  /  Last updated at 22:32 on October 7, 2021  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) and RGGI Allowance (RGA) values set consecutive all-time highs in recent days on the continued strength of speculative involvement in the North American cap-and-trade programmes, though both markets saw prices retrace mid-week as European gas and carbon experienced a downturn.

California Carbon Allowance (CCA) and RGGI Allowance (RGA) values set consecutive all-time highs in recent days on the continued strength of speculative involvement in the North American cap-and-trade programmes, though both markets saw prices retrace mid-week as European gas and carbon experienced a downturn.

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