Americas > RGGI Market: RGAs recede to 2.5-week low as California carbon rally subsides

RGGI Market: RGAs recede to 2.5-week low as California carbon rally subsides

Published 22:26 on August 7, 2023  /  Last updated at 22:26 on August 7, 2023  / /  Americas, US

RGGI Allowance prices fell back from eight-month highs this week in what market participants attributed to a continued sympathy trade with California Carbon Allowances, as well as a lack of fundamental demand specific to the power sector cap-and-trade system.
RGGI Allowance prices fell back from eight-month highs this week in what market participants attributed to a continued sympathy trade with California Carbon Allowances, as well as a lack of fundamental demand specific to the power sector cap-and-trade system.


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