Nova Scotia June carbon auction clears 75% above floor price, C$19 over November settlement

Published 20:16 on June 15, 2022  /  Last updated at 23:25 on June 15, 2022  /  Americas, Canada  /  No Comments

Nova Scotia’s fifth cap-and-trade auction cleared almost 75% above the 2022 auction reserve price at a record high settlement, rebounding significantly from November’s undersubscribed sale, according to results published Wednesday.

Nova Scotia’s fifth cap-and-trade auction cleared almost 75% above the 2022 auction reserve price at a record high settlement, rebounding significantly from November’s undersubscribed sale, according to results published Wednesday.

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