Americas > NA Markets: California carbon plummets towards pre-holiday levels, RGGI allowances sink on lack of drivers

NA Markets: California carbon plummets towards pre-holiday levels, RGGI allowances sink on lack of drivers

Published 22:49 on January 13, 2022  /  Last updated at 22:52 on January 13, 2022  / Matthew Lithgow /  Americas, Canada, US

California Carbon Allowance (CCA) prices unravelled this week amid bearish views about the February WCI auction and wider macroeconomic conditions, before the return of compliance buyers helped regain support, while RGGI Allowances (RGAs) came off slightly as liquidity dried up.
California Carbon Allowance (CCA) prices unravelled this week amid bearish views about the February WCI auction and wider macroeconomic conditions, before the return of compliance buyers helped regain support, while RGGI Allowances (RGAs) came off slightly as liquidity dried up.


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