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In the future, could CRTs registered through the Reserve be used to offset emissions for a participant of state mandated cap-and-trade program?

April 26, 2017CRTs emissions future mandated offset participant registered Reserve State Used

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In the future, could CRTs registered through the Reserve be used to offset emissions for a participant of state mandated cap-and-trade program?

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It depends on a number of factors, including whether a state cap-and-trade program would allow the use of offsets for compliance. Current information suggests that the State of California and the Western Climate Initiative will allow a limited amount of offset purchases for meeting compliance obligations. See our answer to Question 46; we do believe that CRTs are well positioned to be accepted in future cap-and-trade systems.