Carbon Chronicle
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Stay updated with carbon pricing, breaking news, and insightful articles on sustainable finance, carbon trading, and carbon capture and storage technologies at Carbon Chronicle. This site is a unique new platform completely focused on covering Carbon emissions-related and sustainability news, letting users keep track of global changes.
Carbon Chronicle
11M ago
Discover the latest updates in California's CCA market. In Q1, CCAs appreciated by 2.4% and closed at $30.07, indicating stability. The strong bid coverage ratio and the introduction of a new floor price provide investment attractiveness and reduce risks. The market adjusts to California's ambitious Scoping Plan, aiming for carbon neutrality by 2045 and 48% emissions reductions by 2030. Tightening of the cap-and-trade system is expected, with potential emission reduction targets being raised. Macroeconomic factors impact CCA performance, but a rebound is anticipated, boosting CCA prices. The e ..read more
Carbon Chronicle
11M ago
Discover the latest updates in California's CCA market. In Q1, CCAs appreciated by 2.4% and closed at $30.07, indicating stability. The strong bid coverage ratio and the introduction of a new floor price provide investment attractiveness and reduce risks. The market adjusts to California's ambitious Scoping Plan, aiming for carbon neutrality by 2045 and 48% emissions reductions by 2030. Tightening of the cap-and-trade system is expected, with potential emission reduction targets being raised. Macroeconomic factors impact CCA performance, but a rebound is anticipated, boosting CCA prices. The e ..read more