WCI Markets: CCAs reach five-month highs following ARB approval of ETS revamp
California Carbon Allowance (CCA) futures rose to five-month highs following the long-awaited approval of programme updates by California regulator ARB late last week, although traders expressed mixed expectations whether prices would hold at current levels.
Read MoreAlberta price floor could fail, set path to increased emissions, market observers say
Alberta market participants are pricing credits for “materially looser market conditions” as the price floor laid out in the Canada-Alberta carbon deal looks set to fail, charting a path to increased emissions by the mid-2030s without tighter stringency, a new analysis said.
Read MoreLACS26: Mexico targets end-2026 launch for ETS, national offsetting programme
The Mexican government is aiming to publish the regulation required to make its emissions trading system (ETS) fully operational by the end of 2026, accompanied by a national programme to boost local supply of carbon credits, according to a federal official.
Read MoreColorado confirms 2026 auction schedule under manufacturing GHG trading programme
Colorado confirmed the schedule for the 2026 annual auction under its GHG trading programme for industry in a Wednesday notice.
Read MorePREVIEW: Clear near 2026 APCR Tier 1 trigger expected at Q2 Washington auction
Traders and analysts polled by Carbon Pulse ahead of Wednesday’s Q2 Washington carbon auction said they expect the auction to clear all available supply at prices within a couple of dollars of the 2026 Allowance Price Containment Reserve (APCR) Tier 1 trigger, although views were somewhat split on whether that would be at, above, or below that level.
Read MorePREVIEW: Expectations wide-ranging for Q2 RGGI auction amid recent volatility, but sale set for all-time high clear
The Q2 RGGI carbon auction could result in clears between several dollars below or above current secondary market prices, which have fluctuated at historic highs amid unprecedented volatility recently, traders and analysts told Carbon Pulse ahead of Wednesday’s sale.
Read MoreWashington regulators submit carbon market proposal to enable 2026 linkage agreement with California-Quebec
The Washington Department of Ecology (ECY) published a regulatory proposal on Monday to enable the state’s cap-and-invest programme to link with the Western Climate Initiative (WCI).
Read MoreRGGI Market: RGAs retreat following May contract expiration, ahead of Q2 auction
RGGI Allowance (RGA) futures retreated to the lower half of the $40s over recent days, ahead of Wednesday’s Q2 auction, after a surge higher amid the expiration of the May-26 contract, traders said.
Read MoreCalifornia regulator approves long-awaited ETS rules revamp
California regulator ARB approved long-awaited updates to the state’s Cap-and-Invest Program during a Friday hearing.
Read MoreCFTC: Producers build CCAs, RGAs, while managed money cut net length
Emitters and financial players moved in opposite directions with their California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings during the most recent US Commodity Futures Trading Commission (CFTC) reference period.
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