California's carbon market: The 6 factors to pay attention to right now
carbonrisk.substack.com
The price of carbon allowances in California has increased by around one-third since early March, rebounding from the Ukraine-Russia induced sell-off to trade near $30-32 per tonne. So where do we go from here? Here are the 5 factors you need to pay attention to: rainfall levels and the potential for hydroelectric generation, Diablo Canyon’s future, gas-coal fuel switching, the impact on gasoline demand from high prices, progress on policy reform, and investor appetite for an inflation hedge.
California's carbon market: The 6 factors to pay attention to right now
California's carbon market: The 6 factors to…
California's carbon market: The 6 factors to pay attention to right now
The price of carbon allowances in California has increased by around one-third since early March, rebounding from the Ukraine-Russia induced sell-off to trade near $30-32 per tonne. So where do we go from here? Here are the 5 factors you need to pay attention to: rainfall levels and the potential for hydroelectric generation, Diablo Canyon’s future, gas-coal fuel switching, the impact on gasoline demand from high prices, progress on policy reform, and investor appetite for an inflation hedge.