California Air Resources Board

02/26/2025 | Press release | Distributed by Public on 02/26/2025 14:57

California and Quebec release summary results from 42nd joint cap and trade allowance auction

SACRAMENTO - Today at noon (PST), California and Quebec released the results of the 42nd joint cap-and-trade auction of carbon allowances from both jurisdictions. The final numbers include sales figures and settlement prices for Current Vintage (2025) and Advanced Vintage (2028).

Current Vintage

Number offered: 51,466,028

Number sold: 51,466,028
Settlement price: $29.27

Advance Vintage

Number offered: 6,847,750

Number sold: 6,847,750
Settlement price: $28.00

Detailed Results