23 Dec '12, 1pm

California ARB issues official notification for Feb GHG allowance auction

California ARB issues official notification for Feb GHG allowance auction 23 December 2012 The California Air Resources Board (ARB) has issued its official Auction Notice for the California Cap-and-Trade Program Greenhouse Gas Allowance Auction on 19 February 2013—the second official auction. (Earlier post .) The February 2013 allowance auction will offer 12,924,822 2013 current vintage allowances and 9,560,000 year 2016 future vintage allowances for sale. The number of allowances listed for the Current Auction is the final number of allowances offered for sale and includes State-owned allowances and allowances consigned by the electricity distribution utilities. The February 2013 auction will be conducted using an electronic, internet-based Auction Platform that bidders use to submit their bid in a single-round, sealed-bid auction format. Bid quantities can only be submit...

Full article: http://www.greencarcongress.com/2012/12/arb-20121223.html

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