California, Quebec and Ontario release results for first three-way joint cap-and-trade auction
SACRAMENTO — Today at noon (PST), California, Quebec and Ontario released the results of the first joint cap-and-trade auction of carbon allowances involving all three jurisdictions. The auction was held Feb. 21, 2018. The final numbers include sales figures and settlement prices for 2016 and 2018 (current) and 2021 (advance) vintages.
Current Vintage
Number offered: 98,215,920
Number sold: 98,215,920
Settlement Price: $14.61
2021 Vintage
Number offered: 12,427,950
Number sold: 8,576,000
Settlement Price: $14.53
More Information (https://www.arb.ca.gov/cc/capandtrade/auction/auction.htm)
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.