At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the thirty-seventh quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on November 15. Note that the Current Auction is comprised of 2013-2023 and 2026 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 2013-2023 (Current Auction) |
VINTAGE 2026 (Advance Auction) |
57,617,565 | 7,577,000 |
Vintage 2013-2023 (Current Auction) | |||||
Allowances | Bidders | Settle Price* | |||
Offered: | 57,617,565 | % Compliance: | 80.39% | $38.73 | |
Sold: | 57,617,565 | ||||
Bids/Available for Sale Ratio: | 1.65 | ||||
Vintage 2026 (Advance Auction) | |||||
Allowances | Bidders | Settle Price | |||
Offered: | 7,577,000 | % Compliance: | 76.41% | $37.40 | |
Sold: | 7,577,000 | ||||
Bids/Available for Sale Ratio: | 2.27 |
*: all prices are US dollars.