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RGGI prices to maintain bullish momentum in 2024 on supply shortages, stricter regulations

December 26, 2023 Comments Off

US RGGI prices are likely to maintain their upward trajectory in 2024, as seen for the majority of 2023 driven by favorable policies and tighter caps on allowances, sources told S&P Global Commodity Insights. The Regional Greenhouse Gas Initiative (RGGI) allowances experienced a bullish trend throughout 2023.The Platts RGGI current month strip, the next month strip, and the Next December…