Tag: Carbon Allowances

Washington's Q4 cap-and-invest auction will offer roughly 80% more allowances than Q3, the largest quarterly supply ever, after Q3 cleared at a two-year low.

Washington state data show free allowance allocations to electric utilities under cap-and-invest falling sharply over 2027-30, as litigation and linkage loom.

Virginia's first RGGI auction since rejoining cleared at $37.65 per allowance, double the pre-exit price. Dominion now wants $13 a month from customers.

Shenzhen and Hong Kong have launched the first cross-border settlement pilot for compliance carbon allowances, taking China's market links beyond voluntary credits.

A Swedish bank analysis warns the EU plan to buy 250 million carbon removal credits could leave member states with a funding gap of up to €37 billion.

EU member states agreed to suspend MSR allowance invalidations until end-2030 and double the threshold to 800 million from 2031, despite warnings of a price-crushing surplus.

China's national carbon market hit a record 235 Mt traded in 2025 and 961 Mt cumulatively, as aluminium joined power, steel and cement under the ETS cap.

Vietnam's carbon exchange logged its first real trades: 1,310 allowances, seven transactions, and a 10-million-credit Article 6 supply queue behind them.

Washington's final linkage rules take effect October 24, uniting its carbon market with California-Quebec as CCA futures hit three-month lows near $32.

RGGI's third 2026 auction cleared 28.5 million allowances at a record $37.65, releasing Virginia's entire Cost Containment Reserve. What it signals for December.