At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the fourth quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on August 18th.
Below you will find the top-line results of the auction. We will continue to provide updates on market developments in subsequent blog posts. Please contact Evolution Markets' US Carbon Markets Team at: +1 415.963.9137 or +1.914.323.0265, for more details on the auction or to transact in the market.
| Allowances Available for Auction | |
| VINTAGE 2015 (Current Auction) |
VINTAGE 2018 (Advance Auction) |
| 73,429,360 | 10,431,500 |
| Vintage 2015 (Current Auction) | |||||
| Allowances | Bidders | Settle Price* | |||
| Offered: | 73,429,360 | % Compliance: | 95.2% | $12.52 | |
| Sold: | 73,429,360 | ||||
| Bids/Available for Sale Ratio: | 1.28 | ||||
| Vintage 2018 (Advance Auction) | |||||
| Allowances | Bidders | Settle Price | |||
| Offered: | 10,431,500 | % Compliance: | 93.6% | $12.30 | |
| Sold: | 10,431,500 | ||||
| Bids/Available for Sale Ratio: | 1.78 | ||||
*: all prices are US dollars.