California offset issuances end year 60% down over 2020 levels

Published 21:49 on December 22, 2021  /  Last updated at 21:49 on December 22, 2021  /  Americas, Canada, Mexico, US, Voluntary  /  No Comments

California regulator ARB handed out its final batch of compliance offsets in 2021 this week, with the annual issuance total marking the lowest in seven years as the state's cap-and-trade programme tightens its credit usage threshold, according to state data published Wednesday.

California regulator ARB handed out its final batch of compliance offsets in 2021 this week, with the annual issuance total marking the lowest in seven years as the state’s cap-and-trade programme tightens its credit usage threshold, according to state data published Wednesday.

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.