Americas > NA Markets: Financial markets weigh on CCAs to negate Scoping Plan bump, RGGI drops below CCR

NA Markets: Financial markets weigh on CCAs to negate Scoping Plan bump, RGGI drops below CCR

Published 23:37 on May 12, 2022  /  Last updated at 23:37 on May 12, 2022  / Matthew Lithgow /  Americas, Canada, US

California Carbon Allowance (CCA) prices were subject to counteracting influences this week as equities sold off and state regulator ARB released the draft Scoping Plan, while RGGI Allowance (RGA) values also declined but were still well bid beneath the Cost Containment Reserve (CCR) trigger price.
California Carbon Allowance (CCA) prices were subject to counteracting influences this week as equities sold off and state regulator ARB released the draft Scoping Plan, while RGGI Allowance (RGA) values also declined but were still well bid beneath the Cost Containment Reserve (CCR) trigger price.


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, login here.