Air Resources Board releases results for seventh cap-and-trade carbon allowance auction
For immediate release
Date
Release Number
14-42
Contacts
SACRAMENTO - Today at noon, the Air Resources Board released the results of the May 16, 2014 cap-and-trade auction of California carbon allowances. The final numbers include sales figures and settlement prices for 2014 and 2017 vintages.
2014 Vintage
Number offered: 16,947,080
Number sold: 16,947,080
Settlement Price: $11.50
2017 Vintage
Number offered: 9,260,000
Number sold: 4,036,000
Settlement Price: $11.34
For more detailed results on the auction, including maximum and minimum bids placed, please go to: http://bit.ly/1nqK5F9
CARB is the lead agency in California for cleaning up the air and fighting climate change to attain and maintain health-based air quality standards. Its mission is to promote and protect public health, welfare, and ecological resources through the effective reduction of air and climate pollutants while recognizing and considering effects on the economy.