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 November 12 and 18, 2024, the EUA (European Union Allowance) contracts were traded above €67.00, gaining €1.00 in a week's time, settling at €68.00. The highest volume was traded on 11/14 equalling 37,655 contracts and the lowest volume was traded on 11/15, totaling 32,699 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 November 11, to close at US$ 28,68 on November 18.
On 11/18, the Voluntary Carbon Market for Aviation, Nature-Based, and Tech-based was quoted at US$ 0,22, US$ 0,25, and US$ 0,44, respectively. On average, they gained over 0.00% relative to their closing prices on 11/11.
The prices for the ZerO2Nature diseconomy units gained on average 3.56% relative to one week ago, closing on 11/18 at €67.81 (F-DTU), €83.29 (B-DTU), €187.86 (M-DTU), €33.53 (N-DTU), €102.10 (H-DTU), and €110.68 (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 18, 2024
Credit Type | Price |
---|---|
EUA |
68.00 |
CCA |
28,68 |
F-DTU |
67.81 |
B-DTU |
83.29 |
M-DTU |
187.86 |
N-DTU |
33.53 |
H-DTU |
102.10 |
C-DTU |
110.68 |
Aviation Offset |
0,22 |
Nature-based Offset |
0,25 |
Tech Industry |
0,44 |
For further information about Planck E PressCenter, please contact us.
The mission of the Planck E PressCenter is to promote ideas, products and theories that have not yet reached the mainstream, as captured in our first release Eccentrics and their Ingenious Solutions.
Sign up for our weekly Planck E Newsletter, complete with the latest ingenious solutions.
Click here for the signup form.
We encourage you to submit your ingenious solution, article, press release or "out of the mainstream" technical idea for publication on the Planck E PressCenter. Please send us an e-mail to presscenter@planck-e.com and enquire how.
To learn more about holistic engineering, solutions inspired by nature, monetization of diseconomies, training courses or the incorporation of Being Data to your day-to-day, please follow us on the social networks.