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 July 23 and 29, 2024, the EUA (European Union Allowance) contracts were traded above €64.00, gaining €4.00 in a week's time, settling at €68.00. The highest volume was traded on 07/24 equalling 32,266 contracts and the lowest volume was traded on 07/26, totaling 19,855 contracts.
The prices for contracts in the CCA (California Carbon Allowance Futures), Vintage Specific 2022, lost US$ 0.00 or -0% since closing price on July 22, to close at US$ 26,68 on July 29.
On 07/29, the Voluntary Carbon Market for Aviation, Nature-Based, and Tech-based was quoted at US$ 0,25, US$ 1,07, and US$ 0,56, respectively. On average, they gained over 0.00% relative to their closing prices on 07/22.
The prices for the ZerO2Nature diseconomy units gained on average 2.04% relative to one week ago, closing on 07/29 at €57.54 (F-DTU), €70.68 (B-DTU), €159.42 (M-DTU), €28.45 (N-DTU), €86.68 (H-DTU), and €93.92 (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
July 29, 2024
Credit Type | Price |
---|---|
EUA |
68.00 |
CCA |
26,68 |
F-DTU |
57.54 |
B-DTU |
70.68 |
M-DTU |
159.42 |
N-DTU |
28.45 |
H-DTU |
86.68 |
C-DTU |
93.92 |
Aviation Offset |
0,25 |
Nature-based Offset |
1,07 |
Tech Industry |
0,56 |
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