The California Air Resources Board (CARB) released its February 20, 2019 joint auction results for greenhouse gas (GHG) allowances between CARB and Québec's Ministère du Développement durable, de l'Environnement et de la Lutte contre les changements climatiques (Ministry of Sustainable Development, Environment and the Fight against Climate Change, MDDELCC). The auction sold 80,847,404 metric tons of the 2016/2017/2019 vintage allowances and 9,038,000 metric tons of the 2022 allowances. The 2016/2017/2019 allowances sold for a settlement price of $15.73 per metric ton and the 2022 allowances sold for a settlement price of $15.62 per metric ton.

For any additional questions, please contact Steve Walters at (949) 567-9880 Ext. 118.