NA Markets: CCAs routed after post-auction rebound, RGAs drift before sale results

Published 00:10 on December 3, 2021  /  Last updated at 00:10 on December 3, 2021  /  Americas, Canada, US  /  No Comments

California Carbon Allowances (CCAs) were taken to the woodshed this week as ICE's margin hike and coronavirus worries weighed on a market still recovering from a surprisingly low auction settlement, while RGGI Allowance (RGA) prices trended down as traders awaited the result of the power sector scheme’s own Q4 sale.

California Carbon Allowances (CCAs) were taken to the woodshed this week as ICE’s margin hike and coronavirus worries weighed on a market still recovering from a surprisingly low auction settlement, while RGGI Allowance (RGA) prices trended down as traders awaited the result of the power sector scheme’s own Q4 sale.

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