Latest WCI allowance auction sells out at premium to price floor

Published 20:07 on May 24, 2017  /  Last updated at 00:34 on May 25, 2017  /  Americas, Canada, US  /  No Comments

California and Quebec sold out all 75.3 million carbon allowances on offer in its latest current auction, at a settlement price well above the sale’s floor, restoring some confidence in the market after a spate of under-subscribed sales.

California and Quebec sold out all 75.3 million carbon allowances on offer in its latest current auction, at a settlement price well above the sale’s floor, restoring some confidence in the market after a spate of under-subscribed sales.

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