California offset discount reaches historic levels due to low demand and rising supply

Published 20:23 on October 7, 2020  /  Last updated at 22:46 on October 7, 2020  /  Americas, Canada, US  /  No Comments

California Carbon Offset (CCO) prices are seeing record high discounts to allowances amid an influx of supply and a lack of buyers ahead of the state's Nov. 1 interim ETS compliance deadline, market participants and developers said.

California Carbon Offset (CCO) prices are seeing record high discounts to allowances amid an influx of supply and a lack of buyers ahead of the state’s Nov. 1 interim ETS compliance deadline, market participants and developers said.

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