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WCI Auction JA38: Marking the Start of a Transformative Year for California and Quebec’s Cap-and-Trade Markets
Wednesday, 7th February 2024
10:00 am PT

2024 marks the beginning of a pivotal year for the California and Quebec Cap-and-Trade markets. The markets are headed towards the first auction of 2024, amidst CARB’s ongoing program review, which continually sheds light on the future of the program. cCarbon maintains a strong expectation that prices will exceed $50 in 2024. Additionally, the market is on the brink of a probable interest rate cutting cycle, which is expected to introduce more volatility.

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