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version: 1.0.0 | ||
title: New data added to the Compliance Users Tool | ||
authors: | ||
- Freya Chay | ||
date: 01-08-2024 | ||
summary: We updated the Compliance Users Tool to include the latest available cap-and-trade program data about who is using which offsets. | ||
card: compliance-users-v3 | ||
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In 2021, we released a [tool](https://carbonplan.org/research/compliance-users) that allows you to explore which regulated entities are using which offsets to compensate for their emissions within the California cap-and-trade program. We have now updated the tool to reflect the [compliance data](https://ww2.arb.ca.gov/our-work/programs/cap-and-trade-program/cap-and-trade-program-data) that was released in December 2023. | ||
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With this update, the tool includes all available data about offset use reported for three full compliance periods (2013-2014, 2015-2017, 2018-2020) and two annual compliance periods (2021 and 2022). Note that during an annual compliance period, regulated companies are only obligated to meet 30% of their compliance obligation. The remainder will come due at the end of the full compliance period (2021-2023) and will be reported publicly in 2024. In other words, this data currently reflects a partial story about how regulated entities will use offsets to compensate for their 2021 and 2022 emissions. We'll continue updating the tool as additional data becomes available. | ||
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For more context on this tool and the data it surfaces, see our [original blog post](https://carbonplan.org/blog/compliance-users-release) or check out our [GitHub repository](https://github.com/carbonplan/compliance-users). |
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