Americas > Over-crediting leads to biggest intentional reversal of California compliance offsets to date

Over-crediting leads to biggest intentional reversal of California compliance offsets to date

Published 23:23 on January 26, 2022  /  Last updated at 22:15 on November 16, 2022  / /  Americas, Canada, Mexico, US, Voluntary

California regulator ARB this week approved the single largest intentional reversal of compliance offset issuances in the history of the cap-and-trade regulation, as changing programme guidance for quantifying carbon stocks led an Arizona forestry project to overissue credits.
California regulator ARB this week approved the single largest intentional reversal of compliance offset issuances in the history of the cap-and-trade regulation, as changing programme guidance for quantifying carbon stocks led an Arizona forestry project to overissue credits.


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