Americas > UPDATE – WCI Q3 auction clearing price shocks to downside, breaking streak of all-time highs

UPDATE – WCI Q3 auction clearing price shocks to downside, breaking streak of all-time highs

Published 20:24 on August 24, 2022  /  Last updated at 04:35 on August 25, 2022  / /  Americas, Canada, US

The California-Quebec August current vintage auction settled at the lowest clearing price in a year, with the sale outcome marking the second-largest discount to the California Carbon Allowance (CCA) secondary market on record and coming in well below most traders’ expectations, according to results published Wednesday.
The California-Quebec August current vintage auction settled at the lowest clearing price in a year, with the sale outcome marking the second-largest discount to the California Carbon Allowance (CCA) secondary market on record and coming in well below most traders’ expectations, according to results published Wednesday.


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