Americas > WCI compliance instrument surplus gains on offset issuances, while allowance excess shrinks

WCI compliance instrument surplus gains on offset issuances, while allowance excess shrinks

Published 22:56 on July 7, 2023  /  Last updated at 13:18 on July 10, 2023  / Joan Pinto /  Americas, Canada, US

The WCI compliance instrument surplus bank continued to expand for the second consecutive quarter this year on larger offset issuances, while the cap-and-trade scheme’s allowance glut declined further despite subdued permit retirements over the three months, according to programme data published Friday.
The WCI compliance instrument surplus bank continued to expand for the second consecutive quarter this year on larger offset issuances, while the cap-and-trade scheme’s allowance glut declined further despite subdued permit retirements over the three months, according to programme data published Friday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.