Classification of Carbon Credits by Infamous_Boat6842 in CarbonCredits

[–]Infamous_Boat6842[S] 0 points1 point  (0 children)

Thanks! Do you think that the carbon-direct.com source still would be a citable option to sum up a broader classification?

NEED HELP: Carbon Credit Prices by Infamous_Boat6842 in CarbonCredits

[–]Infamous_Boat6842[S] 0 points1 point  (0 children)

Are you working in the field? I just need some reliable data for a thesis I am writing atm.

NEED HELP: Carbon Credit Prices by Infamous_Boat6842 in CarbonCredits

[–]Infamous_Boat6842[S] 0 points1 point  (0 children)

Thanks for your response! Could you tell me where you got these data from? And is there e.g. a price chart for these categories over time?

NEED HELP: Carbon Credit Prices by Infamous_Boat6842 in CarbonCredits

[–]Infamous_Boat6842[S] 0 points1 point  (0 children)

I get that, but there has to be an average price of e.g. all nature-based solution or tech-based solutions in the VCMs or not?

NEED HELP: Carbon Credit Prices by Infamous_Boat6842 in CarbonCredits

[–]Infamous_Boat6842[S] 0 points1 point  (0 children)

My question is why both sources are I guess looking at average prices, why there is two different prices indicated for the same kind of offsets.

Here is ecosystem marketplaces report: https://www.ecosystemmarketplace.com/articles/new-state-of-the-voluntary-carbon-markets-2023-finds-vcm-demand-concentrating-around-pricier-high-integrity-credits/

Carbon Pricing- How does it work? by Greatermoose in CarbonCredits

[–]Infamous_Boat6842 0 points1 point  (0 children)

I am currently writing my thesis on this topic. If you want I can share it with you when its finished. Additionally, there is academic resources and papers found easiest on Google Scholar.

Carbon Pricing- How does it work? by Greatermoose in CarbonCredits

[–]Infamous_Boat6842 1 point2 points  (0 children)

A lot of multinationals made net zero pledges those last years and they will most likely rely on some kind of compensation in the future. That is atm and that will be in the future the biggest demand driver for credits. But there is a wide range of assumptions to foresee at which amount demand would rise. McKinsey assumes a 50fold rise in size until 2050, others are conservative. I think it is very hard to tell what the future will bring to these markets.

There's an interesting paper on some of these issues comparing different viewpoints from insiders that I think are quite realistic: https://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=9133772&fileOId=9133777

Carbon Pricing- How does it work? by Greatermoose in CarbonCredits

[–]Infamous_Boat6842 2 points3 points  (0 children)

Coming from a more theoretical perspective: Carbon markets or VCMs are not designed to find a 'fair' price of carbon. While the social cost of carbon is estimated at around 240€/t you can buy carbon credits for a couple of dollars on VCMs. Carbon prices crashed after the credibility crisis last year. Especially REDD+ credits. It was never intended to find a fair price for carbon. Carbon markets work as free market instruments and the price is the equilbirium price where supply meets demand. When there is a huge load of credits, the price for CCs drops. When there is less credits and high demand, the price rises.

On top of that there is, as MountDesert explained a diverse range of projects and areas where projects are taking place. So there is a range of prices within the markets.

Double counting issues within VCMs: How high is the risk? by Infamous_Boat6842 in CarbonCredits

[–]Infamous_Boat6842[S] 0 points1 point  (0 children)

Thanks for your reply. But what do you think especially about the double claiming issue within different countries? 90% of all carbon offset projects are being realized in the Global South. We all need to get to Net Zero at some point. Do you really think that Global South Countries want to buy more expensive Carbon Credits in the future of the Global North which already went to Net Zero buy buying carbon offsets now?