California/Quebec Monthly Market Briefing April 2015

ICIS analysts expect the price of CCAs to hover around the floor price throughout the next 7 quarters before increasing in 2017.

In addition to looking at the upcoming auction, market participants are awaiting the results of several recently introduced bills that could significantly impact AB 32. However, recent developments at a national and global level may require a deeper look into post-2020 cap-and-trade plans for California in the near future.

This report looks at:

  • California's secondary market, compliance, and regulations
  • National GHG target
  • Linkage update for Washington and Ontario

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