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WCI Auction Outlook: Joint Auction 23

May 7, 2020 by Anant Jain

Summary of Outlook: Projected reduction in facility emissions due to the lockdown will weaken the demand for allowances to meet the 2021 Triennial surrender obligation. Compliance entities and speculators will enter the advance auction with an intent to bank V23 vintage allowances at COVID 19 prices. The advance auction could…

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