HomeMy WebLinkAboutF-1. Results of the CARBs February 20 2019 Auction of Greenhouse Gas AllowancesUB-396
APPROVED
UTILITY BOARD
03/25/19
Results of February 20, 2019 GHG Allowance Auction
March 25, 2019
Page 2
Azusa offered 60,000 Allowances which sold for a total $943,800.
FISCAL IMPACT:
There is no operating or capital budget impact. Proceeds from the auction will be deposited in Azusa’s
California Climate Change Fund (Fund 23) and will be disbursed in accordance with applicable CARB
rules and regulations.
Prepared by: Reviewed and Approved:
Richard Torres Manny Robledo
Assistant Director of Utilities – Resource Management Director of Utilities
Reviewed and Approved:
Sergio Gonzalez
City Manager
UB-397