Offset Pricing Monthly Market Digest – March 2021

Offset Supply Information:

All CCOs issued to date: 219.75 million

Compliance credits awaiting issuance: 11.27 million

CA and General Market Commentary:

  • On April 1st, ARB announced a new invalidation investigation against the Dairyland Farm LLC digester project. The investigation involves possible regulatory violations at the project during the period 4/1/2018-3/31/2019 and involves up to 30,811 CCOs. This is the third investigation related to regulatory compliance at a dairy project over the past year.

  • ARB will hold its next quarterly auction on May 19, 2021, with results released May 27th.

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.