California to Issue First Carbon Offset Credits

California Air Resources Board has announced issuance of the first carbon offset credits for cap-and-trade program compliance. On September 17, 2013, the California Air Resources Board (CARB) announced issuance of 600,000 compliance-grade carbon offset credits for use in the cap-and-trade program.  The offset credits will be issued through the Compliance Instrument Tracking System for state-issued carbon…