Offsets serve as an important cost-containment mechanism in California’s cap-and-trade program. Capped entities may use offsets to meet up to eight percent of their compliance obligation. To better understand how market participants can successfully manage offset risk under the state’s buyer liability provisions, please check out our infographic below.
And be sure to tune in to our “Managing Offset Risk” webinar on Tuesday, April 7, 9 am – 10 am PT. The webinar will provide an overview of offset credit invalidation risk and outline market-based solutions for managing that uncertainty as a buyer. The webinar will cover the Clean Harbors decision, ARB’s updated regulatory compliance language, and ‘Platinum Offsets.’ Julian Richardson of Parhelion Underwriting and Matt Wallace of ISU Environmental Insurance will be presenting.