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

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

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.