Hot US inflation readings send WCI floor price up 11% for 2022, as auction size announced

Published 21:29 on December 1, 2021  /  Last updated at 23:52 on December 1, 2021  /  Americas, Canada, US  /  No Comments

The reserve price in California and Quebec's carbon market auctions will rise to $19.70 in 2022 after higher inflation drove up the minimum bid value by more than 11% year-on-year, as the WCI jurisdictions also announced next year's auction size. 

The reserve price in California and Quebec’s carbon market auctions will rise to $19.70 in 2022 after higher inflation drove up the minimum bid value by more than 11% year-on-year, as the WCI jurisdictions also announced next year’s auction size.

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