What happens to CCAR if a federal mandate is established for offsets?
While we cannot predict how or when the federal government will regulate GHG offsets, we are confident that we are developing a program and processes that will ultimately inform its actions. The Reserve has already been recognized as a source of high quality offsets by a number of government bodies. For example, the State of California has recognized the Reserve and its project protocols by adopting them as voluntary early actions under AB 32, and Pennsylvania has named the Reserve as a recommended source of offsets for businesses operating in the state. We believe the Reserve is also well positioned to be a supplier of offsets for the Western Climate Initiative. All of these are strong indicators the Reserve will be recognized by a federal offset program.
Related Questions
- What happens if an individual mandate, an employer mandate, or single-payer health care is passed at the federal level—and if Missouri also passes the Health Care Freedom Act?
- What happens to the Reserve if a federal mandate is established for offsets?
- What happens to CCAR if a federal mandate is established for offsets?
