California carbon futures trade tens of billions despite smaller underlying permit markets
Colin Campbell · Colin Campbell – The Case for Environmental Markets (Climate Solutions EP.3, Capital Allocators EP.302) · Mar 20, 2023 · at 31:10
Colin Campbell of Bain Capital breaks down trading volumes for California Carbon Allowances and related futures contracts.
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“In California, the annual trading volume of the futures is in the tens of billions of dollars and even smaller Commodity market. And the underlying permits in California is single digit billions of dollars.”
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