Platts increases frequency of US Compliance Carbon price assessments to daily

Platts, part of S&P Global Commodity Insights, has increased the frequency of its US Compliance Carbon assessments to daily, up from weekly, effective June 12, 2024.

Platts is now publishing the following US Compliance Carbon Assessments daily:

The Regional Greenhouse Gas Initiative (RGGI) issues RGGI allowances and credits. It is an 11-state Cap-and-Trade system that aims to reduce carbon dioxide emissions from the power sector. It is the first regional cap-and-invest initiative in the US.

The California Air Resource Board Cap-and-Trade System issues Carbon Allowances (CCAs) and Offsets (CCOs). Covered entities use these allowances (CCA) or offsets (CCO) to meet their compliance obligations. California operates the largest greenhouse gas emissions compliance market in North America.

The frequency for these nine assessments has increased to daily, in line with Platts existing US carbon coverage, and following the US publishing calendar.

Time Stamp: 14:30 New York

Unit: US dollars per metric ton of carbon dioxide equivalent (USD/mtCO2e).

More details about Platts publication schedule can be found here.

In addition, Platts has introduced minimum and maximum volumes for its RGGI, CCA and CCO assessments as follows:

The daily assessments are published in Platts Carbon Markets Daily; Megawatt Daily; on Platts Carbon; Energy Transition and Power Markets Alert; and in the Platts Pricing Database.

Details of Platts' existing US Compliance carbon assessments can be found here .

Please send any feedback to: Platts_Carbon@spglobal.com ?and? pricegroup@spglobal.com .

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