Net buyer Ontario could sponge up more California allowances than expected -analyst

Published 18:53 on May 19, 2016  /  Last updated at 18:53 on May 19, 2016  /  Americas, Canada, US  /  No Comments

The induction of Ontario, predicted to be a net buyer of carbon allowances, into North America’s WCI programme from 2018 could cause the market’s overall surplus to be reduced more quickly than anticipated, an analyst said.

The induction of Ontario, predicted to be a net buyer of carbon allowances, into North America’s WCI programme from 2018 could cause the market’s overall surplus to be reduced more quickly than anticipated, an analyst said.

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