California's carbon rush
How the next wave of speculation in its carbon market could play out
In a report published in February, Canada-based carbon market analysts, ClearBlue outlined their expectations for Californian carbon allowance (CCA) prices between 2022 and 2030.
All three scenarios assumed investors would be the main driver of price over the next three years before they begin to sell off their holdings during the period 2025-30 with compliance entities becoming net CCA buyers.