Americas > NA Markets: California allowances climb on greater buying, RGGI rises on bullish post-2020 outlook

NA Markets: California allowances climb on greater buying, RGGI rises on bullish post-2020 outlook

Published 01:27 on May 1, 2020  /  Last updated at 01:27 on May 1, 2020  / Dan McGraw /  Americas, Canada, US

California Carbon Allowance (CCA) prices neared the WCI floor price this week as higher compliance buying offset fewer sellers in the market, while RGGI Allowance (RGA) values rose to a nine-week high on bullish sentiment about post-2020 revisions to the ETS.
California Carbon Allowance (CCA) prices neared the WCI floor price this week as higher compliance buying offset fewer sellers in the market, while RGGI Allowance (RGA) values rose to a nine-week high on bullish sentiment about post-2020 revisions to the ETS.


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