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Platts Carbon Credit Assessments

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What are Platts Carbon Credit Assessments
Building on the launch of the Platts CEC, interest in the voluntary carbon credit market has continued to evolve. Not only are buyers looking to offset carbon emissions, but there has also been an increased focus on how those emissions are offset, which has led to a surge in demand credits generated by nature-based and community-based projects. Platts suite of carbon credit assessments will provide a comprehensive picture of prices in the swiftly developing global voluntary carbon credits market.
Platts Carbon Credit Assessments Heards
May 08 2024

PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation heard traded at AUD 33.85/mtCO2e for 100,000 mt; source: broker


PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation heard bid at AUD 33.75/mtCO2e for 25,000 mt; source: trader


PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation heard offered at AUD 34/mtCO2e for 25,000 mt; source: trader;


PLATTS COMPLIANCE CARBON: KAU23 tradable level on the KRX heard at Won 8,600-8,800/mtCO2e; source: trader


PLATTS COMPLIANCE CARBON: KAU23 tradable level heard at Won 7,500-8,000/mtCO2e; source: trader


PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation heard offered at AUD 34.50/mtCO2e for 10,000 mt; source: broker


PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation February 2026 heard bid at AUD 36.50/mtCO2e for 25,000 mt; source: broker


PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation February 2026 heard bid at AUD 37/mtCO2e for 25,000 mt; source: broker


PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation heard bid at AUD 33.50/mtCO2e for 10,000 mt; source: broker


PLATTS COMPLIANCE CARBON: ACCU Generic without avoided deforestation heard traded at AUD 34/mtCO2e for 50,000 mt; source: broker


PLATTS COMPLIANCE CARBON: Heard at 1258 Auckland time: NZU heard offered at NZD 54.75/mtCO2e for 5,000 mt; source: trader


PLATTS COMPLIANCE CARBON: Heard at 1218 Auckland time: NZU heard traded at NZD 54.50/mtCO2e for 5,000 mt; source: trader


PLATTS COMPLIANCE CARBON: Heard at 1258 Auckland time: NZU heard traded at NZD 54.50/mtCO2e on May 7 for 5,000 mt; source: trader


PLATTS COMPLIANCE CARBON: Heard at 1258 Auckland time: NZU heard bid at NZD 53/mtCO2e for 10,000 mt; source: trader


May 07 2024

PLATTS CARBON: [Heard after close] VCS-certified, ACM0001 Methodology, Methane Collection ID 138 credits heard offer at $8.25/mtCO2e; vintage: 2022; delivery: 2024; co-benefits: unspecified; region: US; source: trader


PLATTS CARBON: [Heard after close] VCS-certified, ACM0001 Methodology, Methane Collection ID 138 credits heard indicative offer at $9+/mtCO2e; vintage: 2022; delivery: 2024; co-benefits: unspecified; region: US; source: trader


PLATTS CARBON: [Heard after close] VCS-certified Methane Collection (Landfill gas) credits heard offer at $5.35/mtCO2e; vintage: 2020; delivery: 2024; co-benefits: unspecified; region: Brazil; source: trader


PLATTS CARBON: [Heard after close] VCS-certified Methane Collection (Biogas) credits heard offer at $4/mtCO2e; vintage: 2019; delivery: 2024; co-benefits: unspecified; region: Turkey; source: trader


PLATTS CARBON: [Heard after close] CAR-certified Afforestation/Reforestation credits heard 100,000 mt offer below $10/mtCO2e; vintage: 2020, 2022-23; delivery: 2024; co-benefits: unspecified; region: Mexico; source: trader


PLATTS CARBON: [Heard after close, May 7] GS certified Renewable Energy credits heard at a 60-65 cents/mtCO2e premium over VCS certified Renewable Energy credits; source: developer/trader


PLATTS CARBON: [Heard after close, May 7] GS certified Renewable Energy (Wind/Solar) credits heard indicative bid at $1.45-$1.50/mtCO2e; vintage: 2021; delivery: 2024; co-benefits: unspecified; region: India; source: developer/trader


PLATTS CARBON: [Heard after close, May 7] GS certified Renewable Energy (Wind/Solar) credits heard indicative value at $1.55/mtCO2e; vintage: 2021; delivery: 2024; co-benefits: unspecified; region: India; source: developer/trader


PLATTS CARBON: [Heard after close, May 7] VCS certified, ACM0002 Methodology, Renewable Energy ID 1844, 1791, 162 (Solar) credits heard 150,000 mt offer at 85 cents/mtCO2e; vintage: 2019-2020; delivery: 2024; co-benefits: unspecified; region: India; source: developer/trader


PLATTS CARBON: [Heard after close, May 7] VCS certified, ACM0002 Methodology, Renewable Energy ID 830 (Wind) credits heard 150,000 mt offer at 60 cents/mtCO2e; vintage: 2017; delivery: 2024; co-benefits: unspecified; region: China; source: developer/trader


PLATTS CARBON: [Heard after close, May 7] VCS certified Renewable Energy (Wind) credits heard 150,000 mt offer at 70 cents/mtCO2e; vintage: 2018; delivery: 2024; co-benefits: unspecified; region: Pakistan; source: developer/trader


PLATTS CARBON: [heard before close]: GS certified Household Devices (Cookstoves) credits with a 2021 vintage heard at a 25-50 cents/mtCO2e premium over GS certified Household Devices (Cookstoves) credits with a 2020 vintage; source: developer


PLATTS CARBON: [heard before close]: GS certified Household Devices (Cookstove) credits heard indicatively valued at $5.50-$6/mtCO2e; vintage: 2020; delivery: 2024; co-benefits: unspecified; region: Africa; source: developer


PLATTS CARBON: [heard before close]: VCS certified Household Devices (Cookstove) credits heard 1.2 million mt offered at $6/mtCO2e; vintage: 2022; delivery: 2024; co-benefits: unspecified; region: India; source: developer


PLATTS CARBON: [heard before close]: GS certified Household Devices (Cookstove) credits heard indicatively valued at $6.50-$7/mtCO2e; vintage: 2021+; delivery: 2024; co-benefits: unspecified; region: Africa; source: developer


PLATTS CARBON: [heard before close]: GS certified Household Devices (Cookstoves) credits with a 2022 vintage heard at parity to Household Devices (Cookstoves) credits with a 2023 vintage; source: developer


PLATTS CARBON: [heard before close]: GS certified Household Devices (Cookstoves) credits with 2022/3 vintages heard at a $1/mtCO2e premium over GS certified Household Devices (Cookstoves) credits with a 2020; vintage; source: developer


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's N-GEO spot contract heard 7,000 t offered at $0.52/t;


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's NGEOv19 spot contract heard 5,000 t offered at $1.10/t


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's CGEO-TR spot contract heard 32,098 t offered at $0.35/t;


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's NGEOv18 spot contract heard 5,000 t bid at $0.37/t;


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's NGEOv19 spot contract heard 5,000 t bid at $0.95/t;


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's NGEOv18 spot contract heard 1,000 t offered at $0.51/t;


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's N-GEO spot contract heard 7,000 t bid at $0.37/t


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's GEO spot contract heard 2,000 t bid at $0.40/t


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's CGEO spot contract heard 7,000 t bid at $0.28/t


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's CGEO spot contract heard 7,000 t offered at $0.43/t;


PLATTS CARBON: [heard 1200 GMT]: Xpansiv CBL's GEO spot contract heard 5,000 t offered at $0.52/t;


PLATTS CARBON: [heard after close, May 3] VCS-CCB Triple Gold certified REDD+ ID 1650, VM0015 methodology (Keo Seima) credits with 2021 vintage heard at a 70 cents-90 cent/mtCO2e premium to Keo Seima credits with 2019 vintage; delivery: 2024; co-benefits: unspecified; region: Cambodia; source: broker


PLATTS CARBON: VCS certified, VM0015 methodology, REDD+ ID 1953 (Floresta Verde) credits heard Sigma’s 39,000 mt offer at $3.50/mtCO2e; vintage: 2017; delivery: 2024; co-benefits: unspecified; region: Brazil; source: broker


PLATTS CARBON: VCS certified, VM0015 methodology, REDD+ ID 2252 (Rio Anapu) credits heard Sigma’s 30,000 mt offer at $1.00/mtCO2e; vintage: 2019; delivery: 2024; co-benefits: unspecified; region: Brazil; source: broker


PLATTS CARBON: VCS certified, Improved Forest Management (IFM) on Non-Federal U.S. Forestlands methodology, [Forest Carbon], Improved Forest Management ID 1935, (Hubei Hongshan) credits heard Sigma’s 90,000 mt offer at 50 cents/mtCO2e; vintage: 2015-2017; delivery: 2024; co-benefits: unspecified; region: China; source: broker


PLATTS CARBON: [Heard before close] VCS certified, ACM0002 Methodology, Renewable Energy ID 2065 (Wind/Solar) credits heard Sigma’s 200,000+ mt offer at $1.30/mtCO2e; vintage: 2021-2022; delivery: 2024; co-benefits: unspecified; region: India; source: broker


PLATTS CARBON: [Heard before close] VCS certified, AMS-I.D. Methodology, Renewable Energy ID 3662 (Hydro) credits heard Sigma’s 34,000 mt offer at $5.00/mtCO2e; vintage: 2022-2023; delivery: 2024; co-benefits: unspecified; region: Laos; source: broker


PLATTS CARBON: [Heard before close] VCS certified, ACM0002 Methodology, Renewable Energy ID 1999 (Wind) credits heard Sigma’s 38,000 mt offer at $3.35/mtCO2e; vintage: 2022; delivery: 2024; co-benefits: unspecified; region: Thailand; source: broker


PLATTS CARBON: [Heard before close] VCS certified, ACM0002 Methodology, Renewable Energy ID 1999 (Wind) credits heard Sigma’s 100,000 mt offer at $3.55/mtCO2e; vintage: 2023; delivery: 2024; co-benefits: unspecified; region: Thailand; source: broker

Platts Carbon Credit Assessments Commentary

  • Platts Household Devices Current Year gains 5 cents
  • Natural, tech carbon capture lower on day
  • Lack of bids, trades for Keo Seima project


Most segments in the voluntary carbon market were stable May 7, while Platts Household Devices was assessed higher and Platts Natural Carbon Capture and Tech Carbon Capture were lower on the day.

The Platts Household Devices Current Year price gained 5 cents to $3.95/mtCO2e, rebounding slightly from its record low of $3.90/mtCO2e on May 3.

Platts heard GS-certified cookstove credits sourced from Africa with a 2020 vintage indicatively valued in the $5.50-$6/mtCO2e range. Equivalent credits with 2021 plus vintages were also heard indicatively valued in the $6.50-$7/mtCO2e range.

An India-based developer said that they were not seeing much activity for cookstove credits.

Platts also heard 1.2 million mt of VCS-certified cookstove credits offered at $6/mtCO2e. The credits were sourced from India with a 2022 vintage.

Natural, tech carbon capture weaken

Prices in the removals segment of the VCM declined slightly amid slow market activity.

“I feel the market is very quiet recently, there are not many active bids/offers going on, except for some [renewable energy] projects,” an Asia-based market source said, echoing sentiment heard from a Europe-based trader in the previous session.

The Platts Natural Carbon Capture Current Year price was assessed at $12.35/mtCO2e, 5 cents lower on the day. ACR certified, Katahdin Forestry project credits with a 2021 vintage were heard offered at $16.50/mtCO2e.

The Platts Tech Carbon Capture Current Year price slipped $1/mtCO2e on the day to be assessed at $109/mtCO2e.

The Platts Blue Carbon Current Year price was assessed stable on the day at $27.55/mtCO2e amid subdued market activity.

On May 2, a 50,000 mt plus batch of VCS-CCB certified Delta Blue Carbon credits with a 2020 vintage and sourced from Pakistan were heard offered at $27.95/mtCO2e.

"The offer is quite a reasonable level I would say," the Asia-based source said regarding the offer level. "[The] buying side [is] quite slow recently."

Lack of bids, trades for Keo Seima project

In the trading week to May 7, Platts heard multiple offers for Keo Seima credits, however sources reported a lack of corresponding bids and trades for the credits, and generally for the REDD+ segment.

Platts heard from a broker May 6 that 100,000 mt plus Keo Seima credits with a 2020 plus vintage were indicatively offered at 5.75/mtCO2e. On May 3, Platts heard from a separate Europe-based broker that 50,000 mt equivalent credits with a 2020 vintage were offered at $5.80/mtCO2e, a level which has been stable since April 30, according to the broker.

Platts heard from an India-based broker that vintage 2021 Keo Seima credits were at a 70-90 cents premium to 2019 Keo Seima credits.

However, offers for the Keo Seima project were outstanding as the project grapples with a lack of buying interest and demand, according to a market source.

Platts Nature-based Avoidance was assessed at $3.70/mtCO2e, stable on the day.

Platts is part of S&P Global Commodity Insights.

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