CFTC: Traders continue to reduce CCA exposure as emitters build RGGI, LFS shorts

Market participants continued to cut their exposure to California Carbon Allowances (CCAs), while emitters went into a net short position in V25 RGGI allowances (RGAs) and once again built Low Carbon Fuel Standard (LFS) shorts, data published Friday by the US Commodity Futures Trading Commission (CFTC) showed.