UPDATE – Potential market rules worry traders as allowances sell off on release of ARB workshop slidedeck

Published 21:43 on April 22, 2024  /  Last updated at 03:46 on April 23, 2024  / Joan Pinto /  Americas, Canada, US

California regulator ARB will discuss potential changes to market rules surrounding corporate disclosures and holding limits in their public rulemaking cap-and-trade workshop scheduled Tuesday, according to a slidedeck posted Monday that sparked a sell-off in the secondary market as traders were disappointed over the lack of clarity on where proposed emissions cap adjustments would originate from and cost containment Tier level changes.
California regulator ARB will discuss potential changes to market rules surrounding corporate disclosures and holding limits in their public rulemaking cap-and-trade workshop scheduled Tuesday, according to a slidedeck posted Monday that sparked a sell-off in the secondary market as traders were disappointed over the lack of clarity on where proposed emissions cap adjustments would originate from and cost containment Tier level changes.


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.