NA Markets: California carbon allowances collapse below 2015 floor price on more panic selling

Published 17:27 on March 20, 2020  /  Last updated at 19:17 on March 24, 2020  / Dan McGraw /  Americas, Canada, US

California Carbon Allowances (CCA) tumbled beneath $12 on Friday as rising concerns about plummeting WCI-capped emissions and higher margin rates resulting from the coronavirus outbreak forced additional selling.
California Carbon Allowances (CCA) tumbled beneath $12 on Friday as rising concerns about plummeting WCI-capped emissions and higher margin rates resulting from the coronavirus outbreak forced additional selling.


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.