UPDATE – California ARB’s 2026 implementation of cap-and-trade changes sinks market hopes for immediate upside

Published 21:13 on July 9, 2024  /  Last updated at 01:45 on July 10, 2024  / Joan Pinto /  Americas, Canada, US

California regulator ARB proposes to remove all allowances from auctions and allocations starting in 2026, leaving cost containment pools intact, with traders reporting secondary market prices slumping after an initial bullish spike given the delayed implementation timeline.
California regulator ARB proposes to remove all allowances from auctions and allocations starting in 2026, leaving cost containment pools intact, with traders reporting secondary market prices slumping after an initial bullish spike given the delayed implementation timeline.


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