NA Markets: CCA traders mull impacts from ARB Scoping Plan comments, RGAs stabilise after Q3 auction

Published 23:41 on September 15, 2022  /  Last updated at 23:46 on September 15, 2022  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices withstood broader market setbacks after a higher-than-expected inflation print on Tuesday and following regulator comments on cap-and-trade programme changes, while RGGI Allowances (RGAs) held their ground despite last week’s Q3 auction clearing failing to continue a 1.5-year streak of record settlements.

California Carbon Allowance (CCA) prices withstood broader market setbacks after a higher-than-expected inflation print on Tuesday and following regulator comments on cap-and-trade programme changes, while RGGI Allowances (RGAs) held their ground despite last week’s Q3 auction clearing failing to continue a 1.5-year streak of record settlements.

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