Americas > California offset issuance exceeds 250 mln with new large forestry project, as DEBs credit spread blows out past $10

California offset issuance exceeds 250 mln with new large forestry project, as DEBs credit spread blows out past $10

Published 22:52 on August 9, 2023  /  Last updated at 22:52 on August 9, 2023  / Matthew Lithgow /  Americas, Canada, US

All-time California Carbon Offset (CCO) issuances surged past the 250 million mark this week as a new improved forest management (IFM) project earned a significant credit batch, according to state data published Wednesday, while the price premium credits with direct environmental benefits to the state (DEBs) rose into the double digits.
All-time California Carbon Offset (CCO) issuances surged past the 250 million mark this week as a new improved forest management (IFM) project earned a significant credit batch, according to state data published Wednesday, while the price premium credits with direct environmental benefits to the state (DEBs) rose into the double digits.


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