California offset issuance declines as DEBs’ spread widens amid supply constraints

Published 23:46 on November 22, 2023  /  Last updated at 23:46 on November 22, 2023  / Bijeta Lamichhane /  Americas, Canada, US

California regulator ARB slashed its compliance offset issuances by almost half in comparison to its prior distribution, state data published Wednesday showed, while premiums for units tagged with direct environmental benefits to the state (DEB) surpassed previous records.
California regulator ARB slashed its compliance offset issuances by almost half in comparison to its prior distribution, state data published Wednesday showed, while premiums for units tagged with direct environmental benefits to the state (DEB) surpassed previous records.


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