Americas > WCI speculators held onto allowance position amid US lawsuit, data shows

WCI speculators held onto allowance position amid US lawsuit, data shows

Published 20:52 on November 5, 2019  /  Last updated at 20:52 on November 5, 2019  / Dan McGraw /  Americas, Canada, US

New financial entities have maintained their long position in California Carbon Allowances (CCAs), even as uncertainty rankled the cap-and-trade programme after the US Department of Justice challenged the state's ETS linkage with WCI partner Quebec, according to US Commodity Futures Trading Commission (CFTC) data.
New financial entities have maintained their long position in California Carbon Allowances (CCAs), even as uncertainty rankled the cap-and-trade programme after the US Department of Justice challenged the state's ETS linkage with WCI partner Quebec, according to US Commodity Futures Trading Commission (CFTC) data.


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