California Air Resources Board

08/21/2024 | Press release | Distributed by Public on 08/21/2024 13:19

California and Quebec release summary results from 40th joint cap and trade allowance auction

SACRAMENTO - Today at noon (PDT), California and Quebec released the results of the 40th joint cap-and-trade auction of carbon allowances from both jurisdictions. The final numbers include sales figures and settlement prices for Current Vintage (2019, 2021 & 2024) and Advanced Vintage (2027).

Current Vintage

Number offered: 51,179,715
Number sold: 51,179,715
Settlement price: $30.24

Advance Vintage

Number offered: 7,211,000
Number sold: 7,211,000
Settlement price: $29.75

Detailed Results