The Auction and Reserve Sale Platform is for use by authorized users. Use is monitored and may be restricted at any time. Confidential information may not be accessed or used without authorization. Unauthorized or improper use of this system may result in administrative, civil, or criminal penalties. Use of this system, authorized or unauthorized, constitutes consent to monitoring and information retrieval. By accessing this system you are acknowledging and consenting to these terms and conditions. Leave this site immediately if you are not an authorized user or do not agree to the conditions in this notice.
Auctions and Reserve Sale Descriptions
This page is the entry point for information and access to the Auction and Reserve Sale Platform. The greenhouse gas (GHG) allowance auctions and sales of allowances from the Allowance Price Containment Reserve (Reserve Sales) are the mechanisms utilized to sell allowances within the California Cap-and-Trade Program.
The clearing price and the total number of allowances purchased will be disclosed publicly after the auction or reserve sale on ARB and WCI, Inc. websites. The disclosure of auction and reserve sale results allows for market transparency and price discovery.
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