The InterContinental Exchange recorded California Carbon Allowance (CCA) front price which rose moderately by 0.6% to close at $17.18 last Friday. The annual benchmark contract (V19 Dec19) also rose by 0.7% from previous week to settle on Friday at $17.28.
See our CCA tracker for a detailed look into CCA price trends:
"...Roughly 8 percent of private forestlands are registered in California’s cap-and-trade program, and forest offsets have delivered more than 75 percent of the mitigation offsets to-date..."
"...Compost builds healthy soil and reduces dependence on nitrogen fertilizers, which in turn can reduce the runoff of excess nitrogen into waterways..."
CaliforniaCarbon.info is pleased to be a media partner for Power & Renewables Summit 2019, which will explore industry views on How Decarbonization Will Reshape The Power Markets Of Tomorrow.
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Event Information:
When: October 29-30, 2019
Where: Austin, TX
Venue: AT&T Conference Center
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For more information on the methodology used in computing price data, please visit our website.
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