Glossary

Offset Pricing Monthly Market Digest – May 2023

Offset Pricing Monthly Market Digest – May 2023

Offset Pricing Monthly Market Digest – May 2023

by Derek Six | June 7, 2023

 

Monthly Market Digest May 2023

Offset Supply Information:

All CCOs issued to date: 247.81 million

CA and General Market Commentary:

  • On May 26th, ARB announced the results of the second quarterly allowance auction of 2023. Current vintage CCAs cleared at $30.33 with a bid to cover ratio of 1.75.
  • On June 14th, there will be a workshop entitled “Joint California-Quebec Public Workshop: Potential Amendments to the Cap-and-Trade Program”. This will be an interesting workshop to watch as CA and QC will potentially discuss amendments to align the program with CA’s increased climate ambitions.
  • Issuances of CCOs in May totaled 2,390,563. The table below continues to track a trend of significantly lower CCO issuances versus prior years:

May 2023 Issuances

 

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.

Offset Pricing Monthly Market Digest – May 2023

Offset Pricing Monthly Market Digest – April 2023

Offset Pricing Monthly Market Digest – April 2023

by Derek Six | May 8, 2023

 

Monthly Market Digest April 2023

Offset Supply Information:

All CCOs issued to date: 245.42 million

CA and General Market Commentary:

  • Issuances of CCOs in April totaled 401,363. The table below continues to track a trend of significantly lower CCO issuances versus prior years: 

ClimeCo's MMD April 2023 Chart

 

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.

Offset Pricing Monthly Market Digest – May 2023

Offset Pricing Monthly Market Digest – March 2023

Offset Pricing Monthly Market Digest – March 2023

by Derek Six | April 7, 2023

 

Monthly Market Digest March 2023

Offset Supply Information:

All CCOs issued to date: 245.01 million

CA and General Market Commentary:

  • Issuances of CCOs in March totaled 470,119. The table below continues to track a trend of significantly lower CCO issuances versus prior years: 

ClimeCo's MMD March 2023 Chart

 

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.

Offset Pricing Monthly Market Digest – May 2023

Offset Pricing Monthly Market Digest – February 2023

Offset Pricing Monthly Market Digest – February 2023

by Derek Six | March 6, 2023

 

Monthly Market Digest February 2023

Offset Supply Information:

All CCOs issued to date: 244.54 million

CA and General Market Commentary:

  • ARB invalidated 13,040 CCOs issued to the Central Sands Dairy Methane Reduction Project for vintage year 2021.  This is the second time this same project has been investigated and had credits invalidated. Over the entire history of the ARB program, there have been six investigations. Five involved Dairy projects, and one involved ODS. Of the six, one, the Bos Dairy project, was exonerated, and the other five resulted in some or all of the issuances to the project being invalidated. 
  • Issuances of CCOs in February totaled 926,022. The table below continues to track a trend of lower CCO issuances, although YTD this year has modestly exceeded 2022: 

 

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.

Offset Pricing Monthly Market Digest – May 2023

Offset Pricing Monthly Market Digest – January 2023

Offset Pricing Monthly Market Digest – January 2023

by Derek Six | February 6, 2023

 

ClimeCo's Monthly Marketing Digest January 2023

Offset Supply Information:

All CCOs issued to date: 243.62 million

CA and General Market Commentary:

Issuances of CCOs in January totaled 503,182.  The table below continues to track a trend of lower CCO issuances:

 

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.