Offset Pricing Monthly Market Digest – February 2020
Offset Supply Information:
All CCOs issued to date: 171.06 million
Compliance credits awaiting issuance: 33.81 million
CA and General Market Commentary:
- ARB’s quarterly allowance auction was held on February 19th, with results announced February 26th. Current vintage allowances cleared at $17.87, with a strong bid-to-cover ratio of 1.52.
ClimeCo Corporation is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For information, contact 484‐415‐0501 or firstname.lastname@example.org.