California Lawmaker Sets 2025 Effective Date For Carbon Offset Disclosures

A California lawmaker is clarifying that a deadline for initial reports under his controversial law requiring companies that buy and sell voluntary carbon offsets (VCOs) to disclose information showing the credits are valid was intended to be Jan. 1, 2025, amid industry uncertainty and previous assumptions that reports were due this month. “While the bill does not specify the date on which the first set of disclosures must be posted to a company’s Internet website, it was my intent that...