Although regulated entities in California will be able to use carbon offsets to meet only eight percent of their compliance obligation under cap-and-trade, many observers are concerned that offsets will be in short supply, especially after 2014. Amid these concerns, there is much speculation around possible domestic project types that California and WCI may add to their programs to boost supply. This session will examine the prospects for including additional offset types in the California and WCI programs and their potential for addressing supply concerns.
Rajinder Sahota is the manager of the market monitoring group at the California Air Resources Board tasked with market monitoring, offset policy, and WCI linkage. These duties include market policy, offset supply and identification of new protocols, and linkage rulemaking.
Previously, Rajinder managed the completion of California’s cap-and-trade regulation and four compliance offset protocols. She also developed the third-party verification requirements for mandatory greenhouse gas reporting and compliance offsets.