At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the twenty-sixth quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on February 17. Note that the Current Auction is comprised of only 2021 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 (Current Auction) |
VINTAGE 2024 (Advance Auction) |
| 54,773,607 | 8,306,250 |
| Vintages 2021 (Current Auction) | |||||
| Allowances | Bidders | Settle Price* | |||
| Offered: | 54,773,607 | % Compliance: | 89.4% | $17.80 | |
| Sold: | 54,773,607 | ||||
| Bids/Available for Sale Ratio: | 1.24 | ||||
| Vintage 2024 (Advance Auction) | |||||
| Allowances | Bidders | Settle Price | |||
| Offered: | 8,306,250 | % Compliance: | 79.5% | $18.01 | |
| Sold: | 8,306,250 | ||||
| Bids/Available for Sale Ratio: | 1.12 | ||||
*: all prices are US dollars.