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What Does CalEPA’s IEMAC Think About Extension of Cap and Trade post-2030?

September 23, 2022Created By: Gabriel Stoltzfus

Key Takeaways:  Legislative action is likely to be necessary to extend ARB’s Cap and Trade program after 2030.  Cap and Trade extension could take two paths: extending the current AB 398, or implementing legislation that designs a new Cap and Trade system. Extending Cap and Trade beyond 2030 may require…...

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Another Look at SB 1391

September 21, 2022Created By: Megha Jha

Key Takeaways Although originally written with a strong mandate, the amended version of SB 1391 had been stripped of its potency and included only recommendations. The latest version of the bill left too much room for interpretation, which many familiar with the Cap-and-Trade program saw as a serious issue. Expert…
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RGGI Weekly Commentary: RGGI’s allowances price rise after higher-than-expected auction results last week

September 20, 2022Created By: Megha Jha

Total Weekly Volume of 4.021 M tons (-60% WoW change) RGGI ICE weekly average settlement price: $13.36 (+0.90% WoW)  Long positions by compliance entities increased by 2 M tons and managed money decreased short positions by 0.03 M tons. Summary:  RGGI prices continued their recovery last week following the sharp decline…...

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CCA Weekly Commentary: CCA’s price strengthen slightly as the market mechanism hedges the Cap-and-trade market against inflation

September 19, 2022Created By: Megha Jha

Summary: CCA front on Friday closed at 27.82, gaining $0.98 over the week. ICE weekly volume was reported as 14.06 M tons (+90.5% WoW), 4-week moving avg. 27.27 M tons. CFTC: Total OI decreased by 1.41 M tons (+18.5% WoW). CCA prices witnessed a steady increase, after a stagnant week…....

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Upcoming Webinar – Washington Model Assessment: Carbon Countdown for Lift-off

September 16, 2022Created By: California Carbon

Date: Friday, 14th December 2022 Time: 10 am Pacific Time (USA and Canada) This webinar is free for all. The Washington Department of Ecology is on a race to achieve their milestones to 2023. As Compliance and financial, are all set to enter the newest carbon market on the block. …
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Upcoming Webinar – Alberta’s Carbon Market Launch – Taking it to another TIER

September 16, 2022Created By: California Carbon

Date: Wednesday, 07th December 2022 Time: 10 am Pacific Time (USA and Canada) This webinar is free for all.Alberta’s TIER carbon-pricing program is headed for its first review on or before December 2022. The TIER program is a unique program, as it is very different to other Cap and trade…
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Upcoming Webinar – Auction Outlook and Annual Emission Results Review

September 16, 2022Created By: California Carbon

Date: Friday, 11th November 2022 Time: 10 am Pacific Time (USA and Canada) This webinar can be accessed by subscribers only.Join us as we dive into the CCA market and present our analysis for Joint Auction 33. The last auction settled surprisingly low and raised concerns in the market, with…
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Upcoming Webinar: California re-Forecast – New Legislative Scenarios – Change is Afoot

September 16, 2022Created By: California Carbon

Date: Wednesday, 12th October 2022 Time: 10 am Pacific Time (USA and Canada) This webinar is for subscribers only. In the recently concluded legislative session, Governor Newsom passed five bills through legislature, which impact the valuation of CCA allowances in the WCI market. We present our updated demand / supply…
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RGGI Weekly Commentary: RGGI auction shows increased compliance demand, settles at $13.45

September 13, 2022Created By: Megha Jha

Total Weekly Volume of 9.976M tons (+337% WoW) RGGI ICE weekly average settlement price: $13.24 (-1.93% WoW)  Long positions by compliance entities increased by 0.64 M tons and managed money decreased short positions by 0.02 M tons. The auction settled at $13.45, $0.01 lower than the rolling average of the previous…...

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CCA Weekly Commentary: CCA prices flatline as market entities anticipate interest hikes, recession, and a drop in oil prices

September 12, 2022Created By: Megha Jha

Summary:  CCA front on Friday closed at 26.84, losing $0.81 over the week.  ICE weekly volume was reported as 7.38 (-73% WoW), 4-week moving avg. 25.73 M tons.  CFTC: Total OI decreased by 1.19 M tons (-114.7% WoW).  CCA prices stabilized last week, after the JA 32 auction and California’s…...

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