California’s Cap-And-Trade Regulation took effect on January 1 this year and marks a significant shift in how carbon credits from dairy digester projects built throughout the U.S. will be generated and sold. We are now moving from selling dairy digester credits in a voluntary U.S. carbon market where business entities or organizations purchase carbon credits for corporate sustainability initiatives and general goodwill to a compliance market where large qualified emitters in California such as utilities, refiners and cement producers must meet their emissions reduction obligations or face financial penalties.