California carbon offset use rises, with emitters exceeding annual 8% limit for first time

Published 21:34 on December 21, 2017  /  Last updated at 02:30 on December 22, 2017  /  Americas, Canada, US  /  No Comments

Emitters in California’s carbon market surrendered 8.1 million offsets against their 2016 emissions, exhausting slightly more than their average annual 8% usage limit for the first time.

Emitters in California’s carbon market surrendered 8.1 million offsets against their 2016 emissions, exhausting slightly more than their average annual 8% usage limit for the first time.

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