NA Markets: CCAs crumble as speculators unwind positions, RGGI careens to 21-mth low

Published 22:09 on March 19, 2020  /  Last updated at 23:16 on March 19, 2020  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices fell dramatically this week as financial entities unloaded positions due to growing fears of a global recession and the bearish WCI emissions impact from the coronavirus pandemic, while RGGI allowances (RGA) sank to their lowest level since mid-2018.

California Carbon Allowance (CCA) prices fell dramatically this week as financial entities unloaded positions due to growing fears of a global recession and the bearish WCI emissions impact from the coronavirus pandemic, while RGGI allowances (RGA) sank to their lowest level since mid-2018.

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