The prices of carbon credits have halted their recovery trend in the compliance and voluntary markets, since their record pricing in mid-August 2022 of €98.43.
In the week between October 29 and 04, 2024, the EUA (European Union Allowance) contracts were traded below €66.00, losing €1.00 in a week's time, settling at €65.00. The highest volume was traded on 10/29 equalling 33,572 contracts and the lowest volume was traded on 11/01, totaling 24,861 contracts.
The prices for contracts in the CCA (California Carbon Allowance Futures), Vintage Specific 2022, gained US$ 2.00 or 7.69% since closing price on October 28, to close at US$ 28,68 on November 04.
On 11/04, the Voluntary Carbon Market for Aviation, Nature-Based, and Tech-based was quoted at US$ 0,42, US$ 0,36, and US$ 0,44, respectively. On average, they gained over 0.00% relative to their closing prices on 10/28.
The prices for the ZerO2Nature diseconomy units lost on average 0.27% relative to one week ago, closing on 11/04 at €58.40 (F-DTU), €71.73 (B-DTU), €161.78 (M-DTU), €28.88 (N-DTU), €87.93 (H-DTU), and €95.32 (C-DTU).
For a better comprehension about Carbon Credits and the Carbon Market, Planck E recommends the book: The Science Behind Carbon Credits and their Calculation by UNFCCC technical-expert consultant Patrizia Tomasi-Bensik.
Carbon Market Prices
November 04, 2024
Credit Type | Price |
---|---|
EUA |
65.00 |
CCA |
28,68 |
F-DTU |
58.40 |
B-DTU |
71.73 |
M-DTU |
161.78 |
N-DTU |
28.88 |
H-DTU |
87.93 |
C-DTU |
95.32 |
Aviation Offset |
0,42 |
Nature-based Offset |
0,36 |
Tech Industry |
0,44 |
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