Pricing carbon is an essential driver of the energy transition, providing a clear financial incentive to reduce greenhouse gas emissions. The Platts Carbon Price Explorer offers monthly insight on a great variety of carbon values across compliance and voluntary markets.
Voluntary Markets: The Voluntary Carbon Market, or VCM, offers companies a range of carbon credits that reduce, remove or avoid greenhouse gas emissions. While regulated carbon taxes and cap-and-trade systems target specific sectors, the VCM is open to any commercial entity that has voluntarily chosen to decarbonize.
Compliance Markets: Governments use compliance trading mechanisms and carbon taxes to target specific sectors and company emissions. These regulated markets place a limit on participant emissions and can evolve over time with tighter limits, new sector inclusions and, in the case of the European Union, related charges on imports.
Read the methodology guide
Click on an assessment to explore prices for March 2025
Type
Code
Assessment
Price
Chg
($/mtCO2e)
vs Apr
ATCCA00
Platts Tech-based Carbon Capture
146.23
This assessment reflects the most competitive, most internationally fungible carbon credits issued by technology projects that remove GHG emissions.
Reference basis: Biochar credits
EADLP00
EU Allowances (EUA)
81.08
Sectors: Power, industry, aviation, maritime
Region: European Union
Total GHG emissions: 3468.3 (million mtCO2e)
Verified ETS emissions: 1335 (2021) (million mtCO2e)
Use of voluntary credits: No
MIEUK00
UK Allowances (UKA)
69.40
Sectors: Power, industry, aviation
Region: United Kingdom
Total GHG emissions: 429.5 (million mtCO2e)
Verified ETS emissions: 107.8 (2021) (million mtCO2e)
Use of voluntary credits: No
ANZUA00
New Zealand Unit (NZU)
32.31
Sectors: Power, industry, buildings, forestry, waste, aviation, maritime, transport
Region: New Zealand
Total GHG emissions: 79.8 (million mtCO2e)
Verified ETS emissions: 36.9 (2022) (million mtCO2e)
Use of voluntary credits: No
ARECB04
California Carbon Allowance (CCA)
27.56
Sectors: Power, industry, buildings, transport
Region: California, Quebec
Total GHG emissions: 381.3 (million mtCO2e)
Verified ETS emissions: 292.2 (2021) (million mtCO2e)
Use of voluntary credits: Below 8% allowed
ACCGA00
ACCU Generic
22.84
Sectors: Industry, transport, aviation, waste
Region: Australia
Total GHG emissions: 528.1 (million mtCO2e)
Verified ETS emissions: 136.9 (2020) (million mtCO2e)
Use of voluntary credits: Yes, no international offsets
PCECA00
Platts CEC (CORSIA-eligible)
21.84
Platts CEC reflects carbon credits eligible for the International Civil Aviation Organization’s CORSIA program, which is currently in its first phase from 2024 to 2026.
Reference basis: Most competitive CORSIA-eligible credits including CORSIA-eligible standardized contracts
ARECA04
Regional Greenhouse Gas Initiative Allowances
21.22
Sectors: Power
Region: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont
Total GHG emissions: 631.8 (million mtCO2e)
Verified ETS emissions: 96.8 (2021) (million mtCO2e)
Use of voluntary credits: Yes, no international offsets
ACRCA00
Platts CRC
15.12
Platts CRC is a basket assessment that reflects the most competitive of the Platts Natural Carbon Capture and Platts Technological Carbon Capture assessments.
ANCCA00
Platts Natural Carbon Capture
15.12
This assessment reflects the most competitive, most internationally fungible carbon credits issued by nature-based projects that remove GHG emissions.
Reference basis: Afforestation and Reforestation Credits with suitable performance and broad market acceptance
ARECC04
California Carbon Offset Futures (CCO)
13.66
Sectors: Power, industry, buildings, transport
Region: California, Quebec
Total GHG emissions: 381.3 (million mtCO2e)
Verified ETS emissions: 292.2 (2021) (million mtCO2e)
Use of voluntary credits: Below 8% allowed
AKAUB00
Korean Offset Credit (KOC)
7.35
Sectors: Power, industry, transport, buildings, aviation, waste, maritime
Region: South Korea
Total GHG emissions: 676.6 (million mtCO2e)
Verified ETS emissions: 599 (2021) (million mtCO2e)
Use of voluntary credits: Up to 5% allowed
ANBAA00
Platts Nature-Based Avoidance
6.39
AKAUA00
Korean Allowance Unit (KAU)
6.37
Sectors: Power, industry, transport, buildings, aviation, waste, maritime
Region: South Korea
Total GHG emissions: 676.6 (million mtCO2e)
Verified ETS emissions: 599 (2021) (million mtCO2e)
Use of voluntary credits: No
AMECA00
Platts Methane Collection
3.16
Platts Methane Collection reflects the most competitive, most internationally fungible methane collection carbon credits that contribute to the development of methane reduction projects.
Reference basis: Verra Carbon Standard-certified Turkish landfill gas credits
CNHDD00
Platts Household Devices
3.07
The Platts Household Devices Carbon Credit Assessment reflects the spot market for vintages of the last three years for delivery in the current year.
Reference basis: Gold Standard certified cookstoves credits sourced from Africa
ACACA00
Platts CAC
1.37
Platts CAC reflects the most competitive of the Platts Household Devices, Platts Industrial Pollutants and Platts Nature-Based Avoidance assessments.
APOLA00
Platts Industrial Pollutants
1.37
This assessment reflects the most competitive, most internationally fungible carbon credits issued by Industrial Pollutants projects that either reduce or avoid GHG emissions.
Reference basis: American Carbon Registry/Climate Action Reserve certified US industrial pollutants credits
CNRED00
Platts Renewable Energy
0.89
Platts Renewable Energy reflects the most competitive, most internationally fungible renewable energy carbon credits that avoid GHG emissions.
Reference basis: Gold Standard-certified wind and solar renewable energy credit from India and Turkey
CNCAD00
Platts CNC
0.32
Platts CNC reflects the most competitive, mot internationally fungible nature-based carbon credits that either avoid or remove GHG emissions.
Reference basis: Most competitive nature-based credits including standardized contracts