After-Auction Review – November, 2015

December 10, 2015 by Harry Horner

A wide-ranging statistical breakdown of trends and observations from the Western Climate Initiative Joint Auction 5.


  • The fifth WCI joint auction cleared both the current and the advance offerings at $12.73 and $12.65, respectively.
  • Bid ratios of 1.14 for the current vintage, and 1.32 for the advance vintage.
  • A total of 88 entities qualified to bid from both jurisdictions; 73 with emissions covered under the California program and 16 under Quebec.


Download the Report (pdf)


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