Americas > WCI Markets: CCAs push higher from rulemaking workshop and into options expiry, Washington reserve sale size boosts secondary market

WCI Markets: CCAs push higher from rulemaking workshop and into options expiry, Washington reserve sale size boosts secondary market

Published 22:55 on June 15, 2023  /  Last updated at 22:55 on June 15, 2023  / Joan Pinto /  Americas, Canada, US

California Carbon Allowance (CCA) prices rallied through a packed week of activity including a cap-and-trade public workshop discussing plans to increase programme stringency, options expiry, and macro markets rallying after a pause in the US interest rate hiking cycle, while Washington Carbon Allowances (WCA) initially lurched higher on the announcement of a small reserve sale in August.
California Carbon Allowance (CCA) prices rallied through a packed week of activity including a cap-and-trade public workshop discussing plans to increase programme stringency, options expiry, and macro markets rallying after a pause in the US interest rate hiking cycle, while Washington Carbon Allowances (WCA) initially lurched higher on the announcement of a small reserve sale in August.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.