Platts postpones launch of BECCS price assessments

Platts, part of S&P Global Commodity Insights, has postponed the launch of the previously proposed daily price assessments for carbon credits generated from bioenergy carbon capture and storage, or BECCS, projects.

This decision reflects the need for further industry feedback on how best to bring additional transparency to the voluntary carbon markets and tech-based carbon capture space.

Feedback was initially sought via a subscriber note available here on Jan. 8, 2024. The proposal period was extended on Feb. 6, 2024, to collect additional feedback via a subscriber note available here.

BECCS credits are currently included in the Platts Tech Carbon Capture assessment.

Please send any further feedback in relation to the BECCS market to platts_carbon@spglobal.com and pricegroup@spglobal.com

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.