WCI Markets: ARB rulemaking update expectations drive up CCAs amidst inexplicable WCA rally

Published 03:22 on October 4, 2024  /  Last updated at 03:22 on October 4, 2024  / and /  Americas, Canada, US

Anticipation for the next stage in ETS rulemaking lifted California Carbon Allowance (CCA) prices in the secondary market over the last five sessions, while the $10 rally over the last two weeks in Washington Carbon Allowances (WCAs) continues to confound traders.
Anticipation for the next stage in ETS rulemaking lifted California Carbon Allowance (CCA) prices in the secondary market over the last five sessions, while the $10 rally over the last two weeks in Washington Carbon Allowances (WCAs) continues to confound traders.


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