WCI Q3 auction settles at lowest in 18 months, sparking volatility in secondary market

Published 20:52 on August 21, 2024  /  Last updated at 18:46 on August 22, 2024  / Joan Pinto /  Americas, Canada, US

The Q3 California-Quebec current vintage carbon auction settled at nearly a $3 discount to secondary market prices, well below trader and analyst expectations, sending secondary market California Carbon Allowance (CCA) futures in a volatile spin.
The Q3 California-Quebec current vintage carbon auction settled at nearly a $3 discount to secondary market prices, well below trader and analyst expectations, sending secondary market California Carbon Allowance (CCA) futures in a volatile spin.


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