California carbon prices jump 10%
Prices in California's carbon market yesterday jumped following the release of results from the state's first cap-and-trade auction – despite a lower than expected settlement price of $10.09, mere cents above the $10 reserve price.
California carbon prices ease ahead of auction
California emissions prices have traded down ahead of the first official auction in November.
Traders see 2015 California carbon allowances hovering at floor
California carbon market participants expect the vintage 2015 allowances offered in the first auction in November to clear near the $10 floor price.
Confidence boosted by California trial emissions auction
California carbon traders are eagerly anticipating the first official allowance auction in November, following the success of last week's pilot auction.
Investors slam slow offsets approvals in California
Potential offset project investments are being stifled by the slow pace at which the California Air Resources Board is approving additional offset protocols, stakeholders have warned.
Demand builds for 'golden' Californian offsets – Evolution
Emitters in California's cap-and-trade system are showing strong interest in compliance-grade carbon offsets where the buyer faces no risk of invalidation, according to Evolution Markets.