Americas > PREVIEW: Uncertainty dominates market ahead of inaugural Washington cap-and-trade auction

PREVIEW: Uncertainty dominates market ahead of inaugural Washington cap-and-trade auction

Published 21:55 on February 27, 2023  /  Last updated at 21:55 on February 27, 2023  / /  Americas, US

Few traders have a firm grasp of where Washington state’s first WCI-modelled carbon market sale will settle on Tuesday, as ambiguity regarding entities’ ability and willingness to bid in the sale juxtaposes against potential support from the small volume on offer and potential future linkage to the California-Quebec programme.
Few traders have a firm grasp of where Washington state’s first WCI-modelled carbon market sale will settle on Tuesday, as ambiguity regarding entities’ ability and willingness to bid in the sale juxtaposes against potential support from the small volume on offer and potential future linkage to the California-Quebec programme.


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.