Americas > WCI Markets: CCAs advance through volatile week before Q3 auction, Washington prices steady amid allowance reserve sale

WCI Markets: CCAs advance through volatile week before Q3 auction, Washington prices steady amid allowance reserve sale

Published 23:23 on August 10, 2023  /  Last updated at 23:25 on August 10, 2023  / Joan Pinto /  Americas, Canada, US

California Carbon Allowances (CCAs) veered higher through another week of volatility as traders attempted to square the market's recent ARB cap-and-trade workshop-inspired rally with the Aug. 16 quarterly auction, while Washington Carbon Allowances (WCAs) remained unchanged even as traders expected reserve sale volumes to sell out at this week's offering.
California Carbon Allowances (CCAs) veered higher through another week of volatility as traders attempted to square the market's recent ARB cap-and-trade workshop-inspired rally with the Aug. 16 quarterly auction, while Washington Carbon Allowances (WCAs) remained unchanged even as traders expected reserve sale volumes to sell out at this week's offering.


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.