Ontario’s second carbon auction to be fully subscribed, analysts predict

Published 18:02 on June 6, 2017  /  Last updated at 11:26 on June 7, 2017  /  Americas, Canada, US  /  No Comments

Ontario is holding its second cap-and-trade auction on Tuesday, with analysts predicting that all 25.3 million vintage 2017 allowances will once again be bought.

(Removes ICIS quote suggesting that V2020 OCAs cannot be used for compliance before 2020. Ontario regulations stipulate that allowances of a certain vintage year may be surrendered “in that compliance period or an earlier year”.)

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