California and Quebec release results for seventh joint cap-and-trade auction
Date
Release Number
16-24
Contacts
Dave Clegern
Public Information Office
SACRAMENTO - Today at noon (PST), California and Quebec released the results of the May 18, 2016 joint cap-and-trade auction of carbon allowances. The final numbers include sales figures and settlement prices for 2016 and 2019 vintages.
2016 Vintage
Number offered: 67,675,951
Number sold: 7,260,000
Settlement Price: $12.73
2019 Vintage
Number offered: 10,078,750
Number sold: 914,000
Settlement Price: $12.73
For more detailed results on the auction, including maximum and minimum bids placed, please go to: http://www.arb.ca.gov/auction (https://www.arb.ca.gov/auction)
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.