Energy Transition, Carbon, Emissions
November 12, 2025
Platts proposes changes to specifications, name of Methane Collection carbon credit assessment Feb. 2
Platts, part of S&P Global Commodity Insights, proposes to change the methodology for its Methane Collection price assessment to reflect the value of voluntary carbon credits with a Core Carbon Principles (CCP)-label, issued by projects managing methane emissions, effective Feb. 2.
These proposed changes are in response to growing availability and demand for credits with a CCP label in the methane management segment of the Voluntary Carbon Market (VCM). With the acceptance of CCP labels, buyers are looking at a wider array of project types in the methane space, from a broader regional perspective.
CCP-labelled credits are issued for projects using CCP-approved methodologies, which have been verified and tagged by the Integrity Council for the VCM (ICVCM) as meeting high integrity standards for effective governance, transparency, tracking and robust independent third-party verification.
Currently, the Platts Methane Collection price assessment reflects the value of the most competitive and the most fungible credits issued by methane collection projects with a vintage from each of the past three years, including the current year, and rolling on the first day of July. Specifically, the price assessment has reflected the value of Verra Carbon Standard-certified, non-CCP-labelled landfill gas credits from Turkey.
Under this proposal, Platts would change the assessments' specifications to reflect credits with a CCP label, from any region and any methane collection or methane management project, including gas leakage reduction projects. These proposed specifications would better reflect current liquidity in the market, as well as evolving buyer preferences.
| Current Specifications | Pro posed Specifications | |
| Specifications | Includes, but is not limited to landfill gas collection, waste gas, and livestock waste management projects | Includes, but is not limited to landfill gas collection, waste gas, livestock waste management and gas leakage reduction projects |
| Volume | 50,000 - 150,000 mtCO2e units. | 10,000 - 200,000 mtCO2e units. |
| Vintage | Vintages from the past three years including current year. Platts Methane Collection Yr01 reflects the one year forward market for maturations, or vintages, of current year and Yr01. Vintages roll on the first working day of July. | Vintages 2020 onwards. Platts Methane Management Yr01 reflects the one year forward market for maturations, or vintages, of current year and Yr01. No rolling of the vintage. |
| Delivery | Current year delivery and delivery one year forward | Current year delivery and delivery one year forward |
| Co-benefits and Geography | Carbon credits without additional co-benefits or specific geographical region b eyond standard co-benefits for methane collection projects. | Carbon credits without additional co-benefits or specific geographical region b eyond standard co-benefits for methane management projects. |
| Reference Basis | Verra Carbon Standard-certified Turkish landfill gas credits | N/A - market activity reflecting stated specifications. |
| Registries & Standards | Projects certified by the following registries or standards: Gold Standard (GS), Climate Action Reserve (CAR), Verified Carbon Standard (VCS), Architecture for REDD+ Transactions (ART), the American Carbon Registry, and Puro.Earth | Projects certified by the following registries or standards: Gold Standard (GS), Climate Action Reserve (CAR), Verified Carbon Standard (VCS), Architecture for REDD+ Transactions (ART), the American Carbon Registry, and Puro.Earth |
| Publishing Schedule | 16:30 London timestamp and follows the London holiday calendar | 16:30 London timestamp and follows the London holiday calendar |
Platts recognises an additional growing preference for projects with a minimum BBB or A rating , but understands that a significant amount of methane management projects remain unrated. As such, Platts proposes not to include a rating in its specifications for this assessment, though further feedback on this point is welcomed .
To align with the above changes, Platts would change the name of the assessment as detailed below , to better reflect the nature of credits considered within the assessment, and to reflect market perception of these credits:
| Assessment Code | Current Assessment Description | Proposed Assessment Description |
| AMECA00 | Platts Methane Collection $/mtCO2e Current Year | Platts Methane Management $/mtCO2e Current Year |
| AMECB00 | Platts Methane Collection $/mtCO2e Yr01 | Platts Methane Management $/mtCO2e Yr01 |
Please send any feedback to platts_carbon@spglobal.com and pricegroup@spglobal.com by Dec. 15.
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.