At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the thirteenth quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on November 14. Note that the Current Auction included 16 million Vintage 2016 allowances and 63 million vintage 2017 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: +1 415.963.9137 or +1.914.323.0265, for more details on the auction or to transact in the market.
|Allowances Available for Auction|
|Vintage 2016/2017 (Current Auction)|
|Bids/Available for Sale Ratio:||1.37|
|Vintage 2020 (Advance Auction)|
|Bids/Available for Sale Ratio:||1.27|
*: all prices are US dollars.