Offset developer sees California auction results as positive for market

Published 21:14 on June 3, 2019  /  Last updated at 00:06 on June 4, 2019  /  Americas, Canada, US  /  No Comments

California Carbon Offset (CCO) prices are bound to rise following the May WCI auction results as larger discounts to allowance prices and a shorter timeframe before the next compliance period incentivise buyers in the coming months, an offset developer said.

California Carbon Offset (CCO) prices are bound to rise following the May WCI auction results as larger discounts to allowance prices and a shorter timeframe before the next compliance period incentivise buyers in the coming months, an offset developer said.

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