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Carbon Offsets
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Offsets in the Washington Market | Analyst Note | May 2023
Monday, 1st May 2023

Washington state’s cap-and-invest market launched at the beginning of the year. Just as in the California market, compliance entities in the Washington market are allowed to make use of carbon offsets to meet their compliance obligations. While much remains to be seen, a lot already is known about the rules and conditions that are going to regulate offsets use in the market. In this analyst note, cCarbon has gathered all that is known about carbon offsets in the Washington Market.

Table of Content

Introduction to the Washington Market

Offsets in the Washington Marke

Linkage with California

Supply and Price Considerations

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cCarbon has mapped both the demand as well as supply of SAF to size the market. The research indicates that global SAF consumption in 2022 (as per offtake agreements) stood at 494 million litres.
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