Tighter market, ease of account openings responsible for high Washington carbon auction clear -analyst

Published 21:33 on March 14, 2023  /  Last updated at 21:33 on March 14, 2023  / William Koblensky Varela /  Americas, US

More aggressive GHG reduction targets and a simple process for California-Quebec market traders to open accounts resulted in the Washington cap-and-invest programme seeing a steep clearing price at its inaugural auction last month, an analyst said Tuesday.
More aggressive GHG reduction targets and a simple process for California-Quebec market traders to open accounts resulted in the Washington cap-and-invest programme seeing a steep clearing price at its inaugural auction last month, an analyst said Tuesday.


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