CARBON MARKET REVEALED
As per an estimate of the World Bank roughly 2 billion carbon credits is available globally in 2020.
sauravkumar
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CARBON MARKET REVEALED
( part 1: Sunday discussion)
As per an estimate of the World Bank roughly 2 billion carbon credits is available globally in 2020. If you consider a weighted average price of USD 5 per unit after considering all types of carbon credits available, we have roughly USD 10 billion carbon credits on an estimated basis.
The above estimates do not cover intra state carbon rates in countries like California rates.
Let us discuss the following features of this market:
1. Strong movement trends
2. Fluctuations
3. Rising price of forestry credits
4. Upwards moving of biofuels
5. Solar credit movement fluctuations
Hence carbon credit analysts must consider the above factors in predictions of carbon market projections.
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