California compliance offset generation drops by more than half from prior issuance

Published 22:45 on March 8, 2023  /  Last updated at 22:45 on March 8, 2023  / /  Americas, Canada, US

California reduced the number of offsets minted over the past two weeks by over 60% compared to its prior issuance, with the share of credits with direct environmental benefits to the state (DEBs) also trending lower, data from regulator ARB published Wednesday showed.
California reduced the number of offsets minted over the past two weeks by over 60% compared to its prior issuance, with the share of credits with direct environmental benefits to the state (DEBs) also trending lower, data from regulator ARB published Wednesday showed.


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