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newsrel -- California and Quebec release results for seventh joint cap-and-trade auction

Posted: 25 May 2016 12:08:17
Please consider the following news release from the California
Air Resources Board: http://bit.ly/1WTRLFo

 
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FOR IMMEDIATE RELEASE

May 25, 2016

NEWS RELEASE 16-24

CONTACT:

Dave Clegern
(916) 322-2990
dave.clegern@arb.ca.gov


California and Quebec release results for seventh joint
cap-and-trade auction


Sacramento—Today at noon (PST), California and Quebec released
the results of the May 18, 2016 joint cap-and-trade auction of
carbon allowances. The final numbers include sales figures and
settlement prices for 2016 and 2019 vintages. 

2016 Vintage
Number offered:  67,675,951
Number sold:  7,260,000
Settlement Price:  $12.73

2019 Vintage
Number offered:  10,078,750
Number sold:  914,000
Settlement Price:  $12.73

For more detailed results on the auction, including maximum and
minimum bids placed, please go to:
http://www.arb.ca.gov/cc/capandtrade/auction/auction.htm



California is in a drought emergency.
Visit www.SaveOurH2O.org for water conservation tips.

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