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WCI Markets: LCFS continues to stir CCA pot post auction « Carbon Pulse

Summary by Carbon Pulse

After hours complications from stalled regulatory updates of the Low Carbon Fuel Standard (LCFS) continued to whiplash California Carbon Allowance (CCA) prices into and post the first quarterly permit sale mid-week, while lawmakers introduced amendments to Washington’s ETS, stirring debate on the programme’s emissions targets and impacts on affordability.

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Carbon Pulse

WCI Markets: LCFS continues to stir CCA pot post auction « Carbon Pulse

2 days ago

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The DCN

WCI at its lowest since May 2024

Daily Cargo News DREWRY’S World Container Index decreased 10% to US$2795 per 40-foot container this week. The index is now 73% below the previous pandemic peak of US$10,377 in September 2021 and at its lowest since May 2024. However, the index was 97% higher than the average US$1420 in 2019 (pre-pandemic). The average year-to-date composite index is US$3465 per 40-foot container, US$583 higher than the 10-year average of US$2881 (inflated by the…

2 days ago

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