ECO/Carbon Market Report #105/2024

Location: Amsterdam, Netherlands
Date published: 2024-10-21
Date modified: 2024-10-21
Reading time: 00:01:13

Author: Caspar Bensik

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 15 and 21, 2024, the EUA (European Union Allowance) contracts were traded below €65.00, losing €4.00 in a week's time, settling at €61.00. The highest volume was traded on 10/16 equalling 28,445 contracts and the lowest volume was traded on 10/17, totaling 20,471 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 October 14, to close at US$ 28,68 on October 21.

On 10/21, the Voluntary Carbon Market for Aviation, Nature-Based, and Tech-based was quoted at US$ 0,42, US$ 0,38, and US$ 0,57, respectively. On average, they gained over 0.00% relative to their closing prices on 10/14.

The prices for the ZerO2Nature diseconomy units lost on average 1.66% relative to one week ago, closing on 10/21 at €56.66 (F-DTU), €69.58 (B-DTU), €156.94 (M-DTU), €28.02 (N-DTU), €85.31 (H-DTU), and €92.47 (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
October 21, 2024

Credit Type	Price

EUA	61.00
CCA	28,68
F-DTU	56.66
B-DTU	69.58
M-DTU	156.94
N-DTU	28.02
H-DTU	85.31
C-DTU	92.47
Aviation Offset	0,42
Nature-based Offset	0,38
Tech Industry	0,57

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