ARB PIO: (916) 322-2990
Air Resources Board releases results for seventh cap-and-trade carbon allowance auction
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.
Number offered: 16,947,080
Number sold: 16,947,080
Settlement Price: $11.50
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
ARB's mission is to promote and protect public health, welfare, and ecological resources through effective reduction of air pollutants while recognizing and considering effects on the economy. The ARB oversees all air pollution control efforts in California to attain and maintain health based air quality standards.