Americas > Compliance Markets & Taxes > NA Markets: California carbon breaches floor price for first time since 2017

NA Markets: California carbon breaches floor price for first time since 2017

Published 15:47 on March 17, 2020 / Last updated at 19:17 on March 24, 2020 / / Americas (Compliance Markets & Taxes, US & Canada)

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California Carbon Allowances (CCAs) traded underneath the current WCI floor price for the first time in nearly three years on Tuesday, as participants continued to see the growing coronavirus pandemic and resulting economic turmoil as bearish drivers on the joint cap-and-trade programme.
California Carbon Allowances (CCAs) traded underneath the current WCI floor price for the first time in nearly three years on Tuesday, as participants continued to see the growing coronavirus pandemic and resulting economic turmoil as bearish drivers on the joint cap-and-trade programme.


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