California emitters on track for max offset usage in 2015 as ‘golden’ CCO use tops 3 million

Published 00:08 on December 17, 2016  /  Last updated at 13:06 on July 5, 2017  /  Americas, Canada, REDD, US  /  No Comments

Emitters in California’s carbon market surrendered 8.1 million offsets against their 2015 emissions, compliance data released on Friday showed, equating to a higher usage limit than seen during the 2013-2014 trading phase and revealing that the use of ‘golden’ credits has topped the 3 million mark.

Emitters in California’s carbon market surrendered 8.1 million offsets against their 2015 emissions, compliance data released on Friday showed, equating to a higher usage limit than seen during the 2013-2014 trading phase and revealing that the use of ‘golden’ credits has topped the 3 million mark.

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