Americas > Analysts predict Q2 RGGI auction will clear below secondary market, CCAs and WCAs to remain stable

Analysts predict Q2 RGGI auction will clear below secondary market, CCAs and WCAs to remain stable

Published 22:22 on June 5, 2023  /  Last updated at 23:08 on June 5, 2023  / William Koblensky Varela /  Americas, Canada, US

The Q2 RGGI auction this week will come in below the secondary market despite expectations of a declining permit surplus and warmer weather, as California Carbon Allowance (CCAs) and Washington Carbon Allowances (WCAs) will experience longer-term price growth but near-term stability, according to a recent analyst report.
The Q2 RGGI auction this week will come in below the secondary market despite expectations of a declining permit surplus and warmer weather, as California Carbon Allowance (CCAs) and Washington Carbon Allowances (WCAs) will experience longer-term price growth but near-term stability, according to a recent analyst report.


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