At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the thirty-third quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on November 16. Note that the Current Auction is comprised of 2021 and 2022 vintage allowances.
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: +1.914.323.0265, for more details on the auction or to transact in the market.
|Allowances Available for Auction|
|VINTAGES 2021 and 2022
|Vintage 2021 and 2022 (Current Auction)|
|Bids/Available for Sale Ratio:||1.80|
|Vintage 2025 (Advance Auction)|
|Bids/Available for Sale Ratio:||2.35|
*: all prices are US dollars.