California ARB tempers last offset issuance in 2023, total credit allotment up nearly 20% on the year

California tempered compliance-grade offset issuance for the last bi-weekly distribution of the year, with one-fifth of issued credits tagged with direct environmental benefits to the state (DEBs), still, total offsets distributed through 2023 stood nearly 20% higher year-on-year, according to data published by state regulator ARB on Wednesday.