Americas > UPDATE – Small size of first Washington carbon reserve sale sends allowance prices soaring

UPDATE – Small size of first Washington carbon reserve sale sends allowance prices soaring

Published 22:41 on June 9, 2023  /  Last updated at 00:17 on June 12, 2023  / /  Americas, US

Washington state will make only one-eighteenth of its Allowance Price Containment Reserve (APCR) permits available at the cost containment mechanism’s first sale in August, the Department of Ecology (ECY) announced Friday afternoon, sending secondary market prices soaring to the reserve's Tier 2 price.
Washington state will make only one-eighteenth of its Allowance Price Containment Reserve (APCR) permits available at the cost containment mechanism’s first sale in August, the Department of Ecology (ECY) announced Friday afternoon, sending secondary market prices soaring to the reserve's Tier 2 price.


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