The Ad Hoc Offsets Group, now known as VERA, was formed in the fall of 2016 with the intent to provide the real-world facts surrounding California’s current offset program under AB 32, and to ensure a continued role for offsets in a post-2020 California carbon reduction program. The group was formed from professionals working to achieve real emission reductions on behalf of the State of California—a state that stands at the forefront of emission reduction technologies and innovation, due in no small part to the vibrant carbon offset program it has created.

Compliance-grade offsets have proven to be a key policy mechanism that achieves numerous complementary and critical greenhouse gas policy goals. From equipment manufacturers producing advanced engineering and monitoring technologies to providers of robust verification services, offset programs are capable of creating jobs with specialized skills and local revenue—benefits that are strongly demonstrated by California's carbon reduction program.

VERA Partners: A-Gas; Bluesource; Ag Methane Advisors; The Climate Trust; ClimeCo; Vessels Carbon Solutions; 3Degrees; FiniteCarbon Corporation; and NewForests

VERA Contact: Jon Costantino jon@tradesmanadvisors.com