California and Quebec release summary results from 43rd joint cap-and-trade allowance auction

California and Quebec release summary results from 43rd joint cap-and-trade allowance auction

SACRAMENTO – Today at noon (PST), California and Quebec released the results of the 43rd joint cap-and-trade auction of carbon allowances from both jurisdictions. The final numbers include sales figures and settlement prices for Current Vintage (2023 & 2025) and Advanced Vintage (2028).

California dedicates nearly $33 billion to climate solutions, using money from the Cap-and-Trade Program

What You Need to Know: A new report details nearly $33 billion raised for climate projects by cap-and-trade, as Governor Gavin Newsom and Democratic legislative leaders seek an extension of the program. 

SACRAMENTO – Nearly $33 billion has been raised to fund climate solutions in communities across the state with money from the state’s Cap-and-Trade Program, according to a new report published by the California Air Resources Board (CARB). 

California awards record $20.9 million to expand community-led air monitoring and protection

What You Need to Know: 
The California Air Resources Board (CARB) awarded a record $20.9 million from the Community Air Grants program to 43 nonprofit community groups and four Tribes to carry out a total of 51 projects. Funded by cap-and-trade dollars, these projects support air monitoring and pollution reduction in California’s most impacted regions. Community Air Grants, help build capacity and partnerships to reduce air pollution in the communities that need it the most in California.