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  / Dan McGraw /  Americas, Canada, US

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.