CCAs notch new record as decades-high US inflation reading to mean higher 2022 WCI floor

Published 15:25 on November 10, 2021  /  Last updated at 20:45 on December 1, 2021  /  Americas, Canada, US  /  No Comments

The 2022 auction reserve price for the WCI cap-and-trade programme will come in above previous expectations after October inflation surged to the highest level in more than three decades, though traders said a new all-time high in California Carbon Allowances (CCAs) above $33 on Wednesday was not related to the data release.

The 2022 auction reserve price for the WCI cap-and-trade programme will come in above previous expectations after October inflation surged to the highest level in more than three decades, though traders said a new all-time high in California Carbon Allowances (CCAs) above $33 on Wednesday was not related to the data release.

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