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North American Carbon Market Review: July 2022

August 2, 2022Created By: Megha Jha

Western Climate Initiative: The CCA front contract expired. Spread contracts reach a peak of 36.5M tons, indicating a strong rollover to future deliveries. The front lost $1.88 over the month, ending the month at $28.85. Regional Greenhouse Gas Initiative: RGGI front prices decline to $13.05, a decline of 6.5% MoM…....

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North American Carbon Market Review

July 5, 2022Created By: Craig Rocha

Western Climate Initiative: CCA market moves out of May Auction Cycle. Fresh purchases of V23 contracts observed after Jun22 contract expired. CCA front returned to $31 levels after sinking to $29 mid-month. Regional Greenhouse Gas Initiative: RGGI front prices rise to $13.95. Fossil fuel plants in Pennsylvania have begun to…...

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North American Carbon Market Review

June 6, 2022Created By: Sahil Bajaj

Western Climate Initiative: May auction resulted in $30.85 settlement price (current auction) EIA reports 6% increase in energy-related emissions, due to drop in hydro generation Ongoing EU and Russia energy tussle, increases demand for non-Russian oil & gas Regional Greenhouse Gas Initiative: RGGI prices trade between $1375-13.85, Auction settles below…...

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North American Carbon Market Review

May 4, 2022Created By: Craig Rocha

Western Climate Initiative: CCAs price moved steadily in the range of $30-32 Compliance entities increased net long positions in the week following the expiry of the Mar22 contract when CCA prices were above $30.5 Less activities observed on the market in April; Fund managers were largely absent form the market…...

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North American Carbon Market Review – March

April 4, 2022Created By: Anant Jain

Access Report Western Climate Initiative (California-Quebec) Liquidation in other carbon markets felt in CCAs; price hits low of $26.07. Approaching Mar22 contract expiry revived bullish market sentiment; prices moved beyond $30. Fund managers have now doubled short positions to 9M tons Regional Greenhouse Gas Initiative RGGI prices gained 5%, moving…...

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North American Carbon Market Review

March 4, 2022Created By: Aishwarya Verma

Western Climate Initiative: The Russia-Ukraine crisis has played an interesting dynamic on the CCA market The EU ETS with a key footing on Russian fuel supply realized a 25% drop in EUA prices The supply and demand deficit is increasing even with relatively lower financial participation Regional Greenhouse Gas Initiative:…...

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North American Carbon Market Review

February 4, 2022Created By: Aishwarya Verma

Western Climate Initiative: lCE CCA prices struggled to hold their early January high of $33. Last traded at $28.34 The ICE CCA commodity shares a verified correlation with US market indices After the expiry of the Dec21 contract and the Jan22 contract, compliance entities now turn net long on V22…...

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North American Carbon Market Review

January 6, 2022Created By: Aishwarya Verma

Western Climate Initiative: A total of 146.4M tons of allowances were traded in a single week CCA prices plunged another $3.25, on 2nd December, only to close at $27.44 The Dec21 contract traded at $30.96 on expiry. Regional Greenhouse Gas Initiative: ICE exchange  sustained at $13.95 through December Volumes traded…...

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North American Carbon Market Review

December 8, 2021Created By: Aishwarya Verma

Western Climate Initiative: Two significant step downs in CCA price post auction-result. ICE CCA price falls below $30, front last traded $27.44. V22 OI positions grow to twice that of V21 OI. Could dictate ICE CCA prices around Dec21 expiry Regional Greenhouse Gas Initiative: The RGGI 54th Auction results: CCR…...

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North American Carbon Market Review

November 3, 2021Created By: Anant Jain

Pan Canada Trudeau prioritizes on reducing emissions in Alberta, it’s highest polluting province Alberta’s emitters are responding to Federal policy Nova scotia is proposing a new goal to phase out coal fired electricity by 2030 Western Climate Initiative A good month for CCA trading activity with the approaching expiry of…...

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