SACRAMENTO - Today at noon, the Air Resources Board released the results of the May 16, 2013 cap-and-trade auction of California carbon allowances. The final numbers include sales figures and settlement price for 2013 and 2016 vintages.
Number offered: 14,522,048
Number sold: 14,522,048
Settlement Price: $14.00 per allowance
Number offered: 9,560,000
Number sold: 7,515,000
Settlement Price: $10.71 per allowance
CARB is the lead agency in California for cleaning up the air and fighting climate change to attain and maintain health-based air quality standards. Its mission is to promote and protect public health, welfare, and ecological resources through the effective reduction of air and climate pollutants while recognizing and considering effects on the economy.