Today at noon (PST), California and Quebec released the results of the 34th joint cap-and-trade auction of carbon allowances from both jurisdictions. The final numbers include sales figures and settlement prices for 2023 (current) and 2026 (advance) vintages.
Number Offered: 56,395,720 Number Sold: 56,395,720
Settlement Price: $27.85
Number Offered: 7,577,000 Number Sold: 7,577,000 Settlement Price: $27.01
CARB's mission is to promote and protect public health, welfare, and ecological resources through effective reduction of air pollutants while recognizing and considering effects on the economy. CARB is the lead agency for climate change programs and oversees all air pollution control efforts in California to attain and maintain health-based air quality standards.