California Releases Fourth GHG Allowance Auction Results

The fourth California GHG allowance auction demonstrates continued program success with stable participation and clearing prices.   On August 21, 2013, the California Air Resources Board (ARB) released the results of its fourth quarterly greenhouse gas (GHG) allowance auction held on August 16, 2013.  ARB offered 13,865,422 allowances under Current Auction (2013 vintage allowances) and…