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

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  /  Americas, Canada, US  /  No Comments

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.

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