WCI offset usage slips to just under 4% in 2021-23, compliance data shows

Published 01:26 on December 7, 2024  /  Last updated at 01:26 on December 7, 2024  / and /  Americas, Canada, Nature-based, US, Voluntary

Emitters in California's carbon market more than halved their use of offsets during the 2021-23 compliance period, driving overall utilisation under the scheme to below 4% despite an uptick in WCI partner Quebec, government data published Friday showed.
Emitters in California's carbon market more than halved their use of offsets during the 2021-23 compliance period, driving overall utilisation under the scheme to below 4% despite an uptick in WCI partner Quebec, government data published Friday showed.


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