Washington Q4 carbon auction settles below APCR Tier 1

Published 20:30 on December 13, 2023  /  Last updated at 23:35 on January 4, 2024  / Bijeta Lamichhane /  Americas, Canada, US

The auction of December current vintage units for Washington’s WCI-modelled cap-and-invest programme sold out just under the Allowance Price Containment Reserve (APCR) Tier 1 price, while the second advance sale settled much lower, according to results published Wednesday.
The auction of December current vintage units for Washington’s WCI-modelled cap-and-invest programme sold out just under the Allowance Price Containment Reserve (APCR) Tier 1 price, while the second advance sale settled much lower, according to results published Wednesday.


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