ICIS Launches 2030 Forecast for California Carbon Allowances

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Feb 02, 2015, 10:00 ET

SAN DIEGO, February 2, 2015 /PRNewswire/ --

As the California/Quebec Carbon Market develops, stakeholders have becoming increasingly interested in what the dynamics of the Cap-and-Trade program will look like post-2020. In the authoritative ICIS 2030 Forecast for California Carbon Allowances Report, we explore how different scenarios of supply and demand will alter the price of California Carbon Allowances (CCAs) through 2030.

Subscribe to ICIS Carbon Market Analytics to learn about potential paths for the California cap-and-trade system post-2020, explore key drivers for emissions in the next decades, and understand the Californian carbon price impact of regulatory or economic changes.

Highlights of this report:

ICIS expects CCA prices to stay close to the price floor in the upcoming years
An ambitious target and program structure through 2030 could lift prices significantly
ICIS expects prices to hit $50 per tonne by 2030 - depending on the level of ambition of the 2030 target and associated policies, prices could range from $30 to $70
Behavior of market participants is key to assess when prices will lift off the floor price
Subsequently, changes in price should alter behaviour and fundamental emissions
ICIS expects a shortage of offsets through 2020 and beyond

Enquire about the ICIS 2030 Forecast for California Carbon Allowances Report.

About ICIS

ICIS provides information and intelligence to the carbon markets, utilizing a unique combination of quantitative and qualitative research as well as expert opinion to deliver detailed insight into emissions and carbon trading schemes. Our Timing Impact Model is the cornerstone of our analysis and provides clients with a more rounded perspective than conventional approaches and helps create competitive advantage. We offer products covering the California/Quebec, RGGI, EU and China carbon markets.

ICIS has more than 30 years' experience in providing pricing information, news, analysis and consulting to buyers, sellers and analysts in the energy, chemicals and fertilizers markets. With a global staff of more than 800, ICIS has employees based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is a division of Reed Business Information, part of Reed Elsevier Plc.

About Reed Business Information

At Reed Business Information we provide information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of Reed Elsevier, a leading global provider of data, information and solutions for professional customers.

Further information about ICIS can be found at http://www.icis.com

For further information about this release, please contact:
Amy Holland
Marketing Manager, ICIS
Email: [email protected]
Direct: +1(713)525-2673
Mobile: +1(713)791-2727

SOURCE ICIS