California Air Resources Board

08/26/2026 | Press release | Distributed by Public on 08/26/2026 15:06

California and Quebec release summary results from 48th joint cap-and-trade allowance auction

SACRAMENTO - Today at noon (PDT), California and Quebec released the results of the 48th joint cap-and-trade auction of carbon allowances from both jurisdictions. The final numbers include sales figures and settlement prices for Current Vintage allowances (2017, 2024, and 2026) and Advanced Vintage allowances (2029).

Current Vintage

Number offered: 49,016,180

Number sold: 49,016,180

Settlement price: $32.48

Advance Vintage

Number offered: 6,481,750

Number sold: 6,481,750

Settlement price: $32.75

Detailed Results

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