Americas > California retires nearly 300,000 offsets from forest buffer pool due to lapsed reporting

California retires nearly 300,000 offsets from forest buffer pool due to lapsed reporting

Published 00:24 on April 13, 2023  /  Last updated at 03:23 on April 18, 2023  / /  Americas, Canada, US

California regulator ARB retired nearly 300,000 credits from the offset buffer pool after a forest project violated reporting requirements under the WCI-linked cap-and-trade regulation, while another project must submit additional compliance instruments after an intentional reversal took place, state data showed Wednesday.
California regulator ARB retired nearly 300,000 credits from the offset buffer pool after a forest project violated reporting requirements under the WCI-linked cap-and-trade regulation, while another project must submit additional compliance instruments after an intentional reversal took place, state data showed Wednesday.


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