in News Departments > FYI
print the content item

The California Air Resources Board (CARB) has announced the results of the state's first cap-and-trade auction of California carbon allowances, which was held Nov. 14.

The final numbers include sales figures and the settlement price for 2013 and 2015 vintages. The 23,126,100 allowances offered for the 2013 vintage sold out, at $10.09 per allowance. For the 2015 vintage, 5,576,000 of the 39,450,00 allowances were sold, at $10 per allowance.

"The auction was a success and an important milestone for California as a leader in the global cleantech market," says CARB Chairwoman Mary D. Nichols. “By putting a price on carbon, we can break our unhealthy dependence on fossil fuels and move at full speed toward a clean energy future.”

Details on the results of the auction are available here.

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015