Platts launches Alberta TIER Emission Performance Credit, Offset assessments, Aug 1

Platts, part of S&P Global Commodity Insights, has launched daily price assessments for Alberta Technology Innovation and Emissions Reduction compliance instruments, including both Emission Performance Credits (EPCs) and Alberta Emission Offsets (AEO), effective Aug. 1, 2025.

This follows a proposal published May 20, and a decision published June 11.

EPCs and AEOs are instruments used by regulated entities in Alberta to comply with provincial carbon pricing obligations under the TIER program. EPCs are generated by facilities that outperform their emissions benchmarks, while AEO credits are issued for verified emission reductions from eligible projects outside the industrial regulated sector. Both credit types represent one metric ton of carbon dioxide equivalent and are fungible within the TIER system for compliance use.

These daily spot assessments enhance market transparency and support risk management and trading activity in Alberta's growing carbon credit markets.

The assessments reflect market value for spot transactions involving eligible TIER EPCs and Offsets, and have the following specifications:

The EPC and AEO assessments are published in C$/mtCO2e and converted to $/mtCO2e using a foreign exchange conversion rate with a 16:00 CT timestamp.

The new assessment and monthly average are as follows:

Platts considers all bids, offers, trades and indications received in both the over-the-counter and exchange markets for assessment purposes.

The EPC and AEO assessments are available in Carbon Markets Daily, as well as on the fixed page EVA3006.

Details regarding the methodology for Platts Carbon assessments can be found here .

Please send all comments, feedback, and questions to platts_carbon@spglobal.com and pricegroup@spglobal.com.

For written comments, please indicate clearly if your 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.