Volatile day in California market as ARB workshop largely dodges main rulemaking questions

Published 03:35 on April 24, 2024  /  Last updated at 03:35 on April 24, 2024  / Graham Gibson /  Americas, Canada, US, Voluntary

WCI traders’ expectations for more clarifications on cap adjustment details, cost containment changes, and allowance allocation considerations from ARB at Tuesday’s workshop failed to materialise, resulting in volatile price action in the secondary market.
WCI traders’ expectations for more clarifications on cap adjustment details, cost containment changes, and allowance allocation considerations from ARB at Tuesday’s workshop failed to materialise, resulting in volatile price action in the secondary market.


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