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

Published 23:23 on January 26, 2022  /  Last updated at 23:30 on January 26, 2022  /  Americas, Canada, Mexico, US, Voluntary Market  /  No Comments

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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