California’s ARB hands out 105k offsets in latest issuance

Published 21:33 on March 9, 2016  /  Last updated at 15:35 on March 10, 2016  /  Americas, US  /  No Comments

California’s Air Resources Board issued around 105,000 offsets in the last fortnight, the fewest since early December.

California’s Air Resources Board issued around 105,000 offsets in the last fortnight, the fewest since early December.

The regulator of California’s carbon market handed a total 75,000 offsets to two new forest projects backed by developer Finite Carbon, and a further 30,461 to a livestock project operated by Dairy Dreams LLC.

ARB also shortened the invalidation period on a total 686,000 credits to three years.

Wednesday’s issuances bring the total number of offsets handed out by California to nearly 38.5 million.

By Mike Szabo – mike@carbon-pulse.com

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