At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the twenty-first quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on November 19. Note that the Current Auction included nearly 3 million allowances of vintage years 2013 through 2018 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 2013-2019 (Current Auction) |
VINTAGE 2022 (Advance Auction) |
| 67,435,661 | 9,038,000 |
| Vintage 2013-2019 (Current Auction) | |||||
| Allowances | Bidders | Settle Price* | |||
| Offered: | 67,435,661 | % Compliance: | 92.6% | $17.00 | |
| Sold: | 67,435,661 | ||||
| Bids/Available for Sale Ratio: | 1.28 | ||||
| Vintage 2022 (Advance Auction) | |||||
| Allowances | Bidders | Settle Price | |||
| Offered: | 9,038,000 | % Compliance: | 79.5% | $16.80 | |
| Sold: | 9,038,000 | ||||
| Bids/Available for Sale Ratio: | 1.10 | ||||
*: all prices are US dollars.