At 12:00 p.m. (PST) today, the California Air Resources Board (ARB) released the results of the twenty-fifth quarterly auction of carbon allowances held jointly with the province of Quebec.
The auction was conducted on August 18. Note that the Current Auction is comprised of early 300,000 allowances from vintage years 2015, 2017, and 2018.
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 2015, 2017, 2018, 2020
|Vintages 2015,2017, 2018, 2020 (Current Auction)|
|Bids/Available for Sale Ratio:||1.20|
|Vintage 2023 (Advance Auction)|
|Bids/Available for Sale Ratio:||1.37|
*: all prices are US dollars.