At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the eighteenth quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on February 20. Note that the Current Auction included nearly 2 million Vintage 2016 allowances, 14 million Vintage 2017 allowances and more than 64 million vintage 2019 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|
|Vintage 2016/2017/2019 (Current Auction)|
|Bids/Available for Sale Ratio:||1.21|
|Vintage 2022 (Advance Auction)|
|Bids/Available for Sale Ratio:||0.66|
*: all prices are US dollars.