Offsets in CA's cap & trade programme

Like most ETSs around the world, California has its own offset mechanism. Offsets in California, the so-called California Carbon offsets (CCOs), can be used by compliance companies to cover up to 8% of their compliance obligation. Especially with the expansion of the California programme, the theoretical demand for offsets could be large. However, the California offset programme has been facing a number of challenges in the last months.

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