The premium for California Carbon Offsets (CCOs) financially backed against invalidation is rising due to higher increasing supply and lower demand during the COVID-19 pandemic, as market participants continue to question whether an influx of buying will occur this year.
Lower demand, higher supply leading to wider California ‘Golden’ Offset premium
The premium for California Carbon Offsets financially backed against invalidation is rising amid increasing supply and lower demand during the COVID-19 pandemic, while participants continue to question whether an influx of buying will occur this year.
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