Americas > California bill to adopt public cap-and-trade banking metrics fails, reforms planned for linkage proposal

California bill to adopt public cap-and-trade banking metrics fails, reforms planned for linkage proposal

Published 20:39 on May 27, 2022  /  Last updated at 18:58 on May 30, 2022  / Matthew Lithgow /  Americas, Canada, US

California legislators on Thursday turned down a bill that would have added public banking metrics for compliance instruments in the WCI-linked carbon market, while lawmakers plan to further amend an act that would put offset usage underneath the state’s allowance budget in the event of future linkages.
California legislators on Thursday turned down a bill that would have added public banking metrics for compliance instruments in the WCI-linked carbon market, while lawmakers plan to further amend an act that would put offset usage underneath the state’s allowance budget in the event of future linkages.


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