Americas > WCI Markets: CCAs break records as market repositions, WCAs suffer from political uncertainty

WCI Markets: CCAs break records as market repositions, WCAs suffer from political uncertainty

Published 23:33 on January 11, 2024  /  Last updated at 23:33 on January 11, 2024  / Graham Gibson /  Americas, Canada, US

California Carbon Allowance (CCA) prices broke all-time records this week, with traders articulating an array of opinions behind the rally, while Washington Carbon Allowance (WCA) prices witnessed a fairly precipitous pullback, which multiple market participants said could be attributed to political uncertainty around the future of the programme.
California Carbon Allowance (CCA) prices broke all-time records this week, with traders articulating an array of opinions behind the rally, while Washington Carbon Allowance (WCA) prices witnessed a fairly precipitous pullback, which multiple market participants said could be attributed to political uncertainty around the future of the programme.


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