At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the eigth quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on August 16. Note that the Current Auction includes 15,773,481 allowances of 2016 vintage that were consigned to prior auctions but not sold.
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 (Current Auction)|
|Bids/Available for Sale Ratio:||0.35|
|Vintage 2019 (Advance Auction)|
|Bids/Available for Sale Ratio:||0.08|
*: all prices are US dollars.