Data and Insights
VCS Quarterly Update
Issue #9 - Q4/2021
Almost 300 million VCUs were issued in 2021, the highest number of annual issuances ever and more than twice as many as in 2020.
More than 47 million VCUs were retired in Q4/2021 – 37% of all VCUs retired in 2021.
+65,361,706
since previous quarter
equivalent to 180 million cars taken off the road for a year**
*One VCU represents one tonne of carbon dioxide equivalent that was removed from the atmosphere or not emitted.
**Greenhouse gas equivalencies for emission reductions and removals were calculated using the EPA Greenhouse Gas Equivalencies Calculator
+47,065,129
since previous quarter
equivalent to 95 billion cars taken off the road for a year**
*One VCU represents one tonne of carbon dioxide equivalent that was removed from the atmosphere or not emitted.
**Greenhouse gas equivalencies for emission reductions and removals were calculated using the EPA Greenhouse Gas Equivalencies Calculator