WCI Markets: California carbon heads higher, but WCAs lead as $70 approaches

Published 23:08 on April 13, 2023  /  Last updated at 23:08 on April 13, 2023  / William Koblensky Varela /  Americas, Canada, US

California Carbon Allowance (CCA) prices climbed this week as traders pointed to a continued supportive macro environment and options activity, as well as the influence of surging Washington Carbon Allowance (WCA) values that stepped past the new scheme’s second reserve price trigger.
California Carbon Allowance (CCA) prices climbed this week as traders pointed to a continued supportive macro environment and options activity, as well as the influence of surging Washington Carbon Allowance (WCA) values that stepped past the new scheme’s second reserve price trigger.


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