Permit prices tumble despite record result at WCI Q4 auction

Published 21:20 on November 24, 2021  /  Last updated at 23:07 on November 24, 2021  /  Americas, Canada, International, US  /  No Comments

California carbon allowance prices tumbled by as much as 14% after the oversubscribed Q4 Western Climate Initiative (WCI) auction cleared at a record but well below the secondary market.

California carbon allowance prices tumbled by as much as 14% after the oversubscribed Q4 Western Climate Initiative (WCI) auction cleared at a record but well below the secondary market.

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