PREVIEW: Q1 RGGI auction seen less likely to release additional allowances after global carbon downturn

Published 21:45 on March 8, 2022  /  Last updated at 21:45 on March 8, 2022  /  Americas, US  /  No Comments

The quarterly RGGI auction on Wednesday is primed to clear close to a new all-time high for the fifth consecutive sale, though a significance price retracement in recent days has cooled traders’ views that bids will trigger additional volume from the Cost Containment Reserve (CCR).  

The quarterly RGGI auction on Wednesday is primed to clear close to a new all-time high for the fifth consecutive sale, though a significance price retracement in recent days has cooled traders’ views that bids will trigger additional volume from the Cost Containment Reserve (CCR).

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