California and Quebec release results for 12th joint cap-and-trade auction
For immediate release
Date
Release Number
17-52
Contacts
SACRAMENTO - Today at noon (PDT), California and Quebec released the results of the twelfth joint cap-and-trade auction of carbon allowances. The final numbers include sales figures and settlement prices for 2017 and 2020 vintages.
2017 Vintage
Number offered: 63,887,833
Number sold: 63,887,833
Settlement Price: $14.75
2020 Vintage
Number offered: 9,723,500
Number sold: 9,723,500
Settlement Price: $14.55
For more detailed results on the auction, including maximum and minimum bids placed, please go to: 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.