by Derek Six | March 6, 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.

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