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Air Resources releases results of third cap-and-trade auction
SACRAMENTO - Today at noon, the Air Resources Board released the results of the May 16, 2013 cap-and-trade auction of California carbon allowances. The final numbers include sales figures and settlement price for 2013 and 2016 vintages.
Number offered: 14,522,048
Number sold: 14,522,048
Settlement Price: $14.00 per allowance
Number offered: 9,560,000
Number sold: 7,515,000
Settlement Price: $10.71 per allowance
For more detailed results on the auction, including maximum and minimum bids placed, please go to: http://www.arb.ca.gov/cc/capandtrade/auction/may-2013/results.pdf
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.