California & Quebec release results for 22nd joint cap-and-trade auction

SACRAMENTO – Today at noon (PST), California and Quebec released the results of the 22nd joint cap-and-trade auction of carbon allowances from both jurisdictions. The final numbers include sales figures and settlement prices for 2017 & 2020 (current) and 2023 vintages (advance).

Current Vintage

Number offered: 57,090,077
Number sold: 57,090,077
Settlement Price: $17.87

Advance Vintage

Number offered: 8,672,250
Number sold: 8,672,250
Settlement Price: $18.00

Detailed Results (https://ww3.arb.ca.gov/cc/capandtrade/auction/auction.htm)

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.