California’s revised post-2020 carbon allowance reserve tiers not accounted for in WCI data

Published 21:53 on October 13, 2020  /  Last updated at 21:53 on October 13, 2020  /  Americas, Canada, US  /  No Comments

California’s amended post-2020 allowance reserve tiers are not currently incorporated in the WCI cap-and-trade programme’s Compliance Instrument Tracking Service System (CITSS), meaning some carbon permits currently sitting in jurisdictional accounts will be moved in subsequent quarters, state regulator ARB confirmed.

California’s amended post-2020 allowance reserve tiers are not currently incorporated in the WCI cap-and-trade programme’s Compliance Instrument Tracking Service System (CITSS), meaning some carbon permits currently sitting in jurisdictional accounts will be moved in subsequent quarters, state regulator ARB confirmed.

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