Americas > California approves intentional reversal of over 100k compliance offsets

California approves intentional reversal of over 100k compliance offsets

Published 23:40 on May 10, 2023  /  Last updated at 01:28 on May 11, 2023  / William Koblensky Varela /  Americas, Canada, US

A Virginia-based improved forest management (IFM) offset project must submit over 100,000 compliance instruments under California's cap-and-trade programme to account for an intentional reversal, according to state data published Wednesday.
A Virginia-based improved forest management (IFM) offset project must submit over 100,000 compliance instruments under California's cap-and-trade programme to account for an intentional reversal, according to state data published Wednesday.


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