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  /  Americas, Canada, US  /  No Comments

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 market 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.

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, login here.

Comment