CFTC: Investors axe V25 CCA length in favour of LFS, producers opt for opposite

Investors slashed their V25 California Carbon Allowance (CCA) length and instead boosted Low Carbon Fuel Standard (LFS) holdings on a net basis, while producers built their V25 CCA length and reduced LFS exposure ahead of a massive selloff across US compliance markets following recent federal action against climate policies, data published Friday by the Commodity Futures Trading Commission (CFTC) showed.