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.
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