Americas > Washington Q2 carbon auction clears above Tier 1 reserve price, first advance sale settles far below

Washington Q2 carbon auction clears above Tier 1 reserve price, first advance sale settles far below

Published 20:22 on June 7, 2023  /  Last updated at 19:05 on December 5, 2023  / William Koblensky Varela /  Americas, US

The second current vintage auction of Washington state’s WCI-modelled cap-and-trade programme sold all allowances above the scheme’s lower reserve tier trigger price, though the first advance sale settled well below that, according to results published Wednesday.
The second current vintage auction of Washington state’s WCI-modelled cap-and-trade programme sold all allowances above the scheme’s lower reserve tier trigger price, though the first advance sale settled well below that, according to results published Wednesday.


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