New offset limits could raise annual post-2020 California carbon costs by $50 mln -report

Published 23:35 on July 13, 2018  /  Last updated at 23:35 on July 13, 2018  /  Americas, Canada, US  /  No Comments

Restricting the use of carbon offsets in the post-2020 California carbon market may contribute to emitters' annual compliance costs rising by more than $50 million, according to a preliminary analysis from state regulator ARB.

Restricting the use of carbon offsets in the post-2020 California carbon market may contribute to emitters’ annual compliance costs rising by more than $50 million, according to a preliminary analysis from state regulator ARB.

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