California cap-and-trade account backlog continues building in Q2

Published 22:12 on June 30, 2023  /  Last updated at 22:12 on June 30, 2023  / Matthew Lithgow /  Americas, Canada, US

The number of entity accounts pending approval to participate in California’s WCI-linked cap-and-trade system continued to balloon during the second quarter, according to Carbon Pulse analysis of government data published Friday, as more speculators sought physical exposure to the market.
The number of entity accounts pending approval to participate in California’s WCI-linked cap-and-trade system continued to balloon during the second quarter, according to Carbon Pulse analysis of government data published Friday, as more speculators sought physical exposure to the market.


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