Washington state carbon market prices to be substantially lower under linking -analysis

Published 23:49 on July 4, 2022  /  Last updated at 23:49 on July 4, 2022  /  Americas, Canada, RINs & LCFS, US  /  No Comments

Washington state’s proposed cap-and-trade programme could launch with prices of $41/tCO2e next year if the market is expected to link with the WCI California-Quebec system in 2025, according to independent analysis published late last week that projected prices up to 65% higher under non-linked scenarios.

Washington state’s proposed cap-and-trade programme could launch with prices of $41/tCO2e next year if the market is expected to link with the WCI California-Quebec system in 2025, according to independent analysis published late last week that projected prices up to 65% higher under non-linked scenarios.

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