NA Markets: California carbon allowances crash below $16, hits percentage low to floor price

Published 21:22 on March 18, 2020  /  Last updated at 19:17 on March 24, 2020  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices traded underneath $16.00 on Wednesday afternoon, after a wave of selling throughout the day caused front-month prices to plummet to the lowest percentage below the current WCI floor price in the scheme’s history.

California Carbon Allowance (CCA) prices traded underneath $16.00 on Wednesday afternoon, after a wave of selling throughout the day caused front-month prices to plummet to the lowest percentage below the current WCI floor price in the scheme’s history.

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