California Carbon Allowance (CCA) prices fell by as much as 10% on Tuesday morning, as the financial impacts from Russia’s invasion of Ukraine caused a precipitous fall in EU carbon and global equity prices and spread into the North American programme.
NA Markets: CCAs crash 10% as Ukraine crisis routs EU carbon, equities
California Carbon Allowance (CCA) prices fell by as much as 10% on Tuesday morning, as the financial impacts from Russia’s invasion of Ukraine caused a precipitous fall in EU carbon and global equity prices and spread into the North American programme.
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