Offset Pricing Monthly Market Digest – October 2022

by Derek Six | November 7, 2022

Offset Supply Information:

All CCOs issued to date: 242.41 million

CA and General Market Commentary:

Issuances of CCOs in October totaled 1,507,947, bringing the issuances of CCOs in 2022 YTD to 10.9 million. This continues a trend of decreasing issuances of CCOs:

Several significant events are coming up in November and early December:

• November 16th ARB holds its fourth quarterly auction for 2022, with results announced on November 23rd.
• December 1st ARB will announce the new Auction Reserve Price for 2023 auctions.

ClimeCo is a respected global advisor, transaction facilitator, trader, and developer of environmental commodity market products and related solutions. 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 solutions 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.