Washington state carbon market auction prices drop sharply amid threat of CCA repeal
March 15, 2024 Comments Off
Washington’s carbon market saw a sharp drop in prices in its latest emissions auction, state Department of Ecology data showed March 13, as the program faces repeal in the upcoming November election. The settlement price for Auction No. 5, held March 6, was $25.76/mt, a 50.36% drop from the previous quarter and only $1.74/mt above the current floor price. All…
Washington state carbon market auction prices drop sharply amid threat of CCA repeal
Washington’s carbon market saw a sharp drop in prices in its latest emissions auction, state Department of Ecology data showed March 13, as the program faces repeal in the upcoming November election. The settlement price for Auction No. 5, held March 6, was $25.76/mt, a 50.36% drop from the previous quarter and only $1.74/mt above the current floor price. All…
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