Americas > UPDATE – Washington state inaugural cap-and-invest auction sells out near $50

UPDATE – Washington state inaugural cap-and-invest auction sells out near $50

Published 20:21 on March 7, 2023  /  Last updated at 02:09 on March 8, 2023  / /  Americas, Canada, US

The first auction of Washington state’s WCI-modelled cap-and-trade programme sold out, with the clearing price coming well above secondary market levels and close to the scheme’s lowest reserve tier trigger, according to results published Tuesday.
The first auction of Washington state’s WCI-modelled cap-and-trade programme sold out, with the clearing price coming well above secondary market levels and close to the scheme’s lowest reserve tier trigger, according to results published Tuesday.


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