WCI Markets: ETS extension optimism fuels CCAs higher, WCA programme tweaks spur a rally

Published 02:59 on February 28, 2025  /  Last updated at 02:59 on February 28, 2025  / , and /  Americas, Canada, RINs & LCFS, US

Optimism from the start of discussions to extend cap-and-trade post 2030 supported California Carbon Allowance (CCA) prices higher after a sub-$30 auction result mid-week, while Washington Carbon Allowances (WCAs) reversed higher as lawmakers deliberated programme modifications.
Optimism from the start of discussions to extend cap-and-trade post 2030 supported California Carbon Allowance (CCA) prices higher after a sub-$30 auction result mid-week, while Washington Carbon Allowances (WCAs) reversed higher as lawmakers deliberated programme modifications.


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