California offset issuance trails 2022 YTD levels, as DEBs premium hits record into compliance deadline

Published 22:10 on October 25, 2023  /  Last updated at 21:25 on February 1, 2024  / Carbon Pulse /  Americas, Canada, US

California compliance offset issuance slowed over the past two weeks to once again trail year-ago levels, state data published Wednesday showed, while credits providing direct environmental benefits to the state (DEBs) reached an all-time high premium to untagged units heading into next week’s interim cap-and-trade true-up deadline.
California compliance offset issuance slowed over the past two weeks to once again trail year-ago levels, state data published Wednesday showed, while credits providing direct environmental benefits to the state (DEBs) reached an all-time high premium to untagged units heading into next week’s interim cap-and-trade true-up deadline.


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