WCI Markets: ARB rulemaking update expectations drive up CCAs amidst inexplicable WCA rally

Published 03:22 on October 4, 2024  /  Last updated at 03:22 on October 4, 2024  / and /  Americas, Canada, US

Anticipation for the next stage in ETS rulemaking lifted California Carbon Allowance (CCA) prices in the secondary market over the last five sessions, while the $10 rally over the last two weeks in Washington Carbon Allowances (WCAs) continues to confound traders.
Anticipation for the next stage in ETS rulemaking lifted California Carbon Allowance (CCA) prices in the secondary market over the last five sessions, while the $10 rally over the last two weeks in Washington Carbon Allowances (WCAs) continues to confound traders.


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.