Americas > ANALYSIS: Washington carbon allowance holdings in limbo as fate of cap-and-invest scheme heads to November ballot

ANALYSIS: Washington carbon allowance holdings in limbo as fate of cap-and-invest scheme heads to November ballot

Published 00:01 on March 11, 2024  /  Last updated at 14:07 on March 12, 2024  / /  Americas, Canada, US

With voters set to decide the fate of Washington state's cap-and-invest programme this November, market participants are highlighting the uncertainty surrounding hundreds of millions of dollars in carbon allowance holdings that could be rendered worthless if the scheme is scrapped.
With voters set to decide the fate of Washington state's cap-and-invest programme this November, market participants are highlighting the uncertainty surrounding hundreds of millions of dollars in carbon allowance holdings that could be rendered worthless if the scheme is scrapped.


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, log in here.