California and Quebec release results for eleventh joint cap-and-trade auction
Date
Release Number
17-36
Contacts
Public Information Office
SACRAMENTO - Today at noon (PST), California and Quebec released the results of the eleventh joint cap-and-trade auction of carbon allowances held May 16, 2017. The final numbers include sales figures and settlement prices for 2017 and 2020 vintages.
2017 Vintage
Number offered: 75,311,960
Number sold: 75,311,960
Settlement Price: $13.80
2020 Vintage
Number offered: 9,723,500
Number sold: 2,117,000
Settlement Price: $13.57
For more detailed results on the auction, including maximum and minimum bids placed, please visit the report here (https://arb.ca.gov/cc/capandtrade/auction/may-2017/summary_results_report.pdf).
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.