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North America's largest compliance carbon market is undergoing its most significant structural changes since inception. California's Air Resources Board ("CARB") has adopted sweeping amendments to the state's Cap-and-Invest program (formerly Cap-and-Trade), which took effect on September 1, 2026. California, Québec, and Washington have signed a historic agreement to link their three programs.
North America's largest compliance carbon market is undergoing its most significant structural changes since inception. California's Air Resources Board ("CARB") has adopted sweeping amendments to the state's Cap-and-Invest program (formerly Cap-and-Trade), which took effect on September 1, 2026. California, Québec, and Washington have signed a historic agreement to link their three programs.
Jones Day are most popular: within Strategy and Accounting and Audit topic(s) In Short The Situation: Demand for standardized documentation to support trading in EU guarantees of origin has grown alongside the desire in the public and private sectors to reduce carbon emissions and transition to cleaner energy. The Development: The International Swaps and Derivatives Association ("ISDA") is launching and publishing the ISDA EU Guarantee of Origin Annex ("ISDA GO Annex").
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