NA Markets: CCAs plummet beneath November auction settlement, traders question new RGGI record

Published 22:52 on January 27, 2022  /  Last updated at 22:52 on January 27, 2022  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices tumbled nearly 7% this week as persistent bearish macroeconomic conditions knocked prices below the most recent WCI auction settlement before stabilising, as RGGI Allowances (RGAs) stagnated before a late move up to a new all-time high had some traders raising red flags.

California Carbon Allowance (CCA) prices tumbled nearly 7% this week as persistent bearish macroeconomic conditions knocked prices below the most recent WCI auction settlement before stabilising, as RGGI Allowances (RGAs) stagnated before a late move up to a new all-time high had some traders raising red flags.

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