There is much conversation about the "price of
carbon." We thought it useful to list the varied prices that
exist in the many markets around the world.
Environmental commodities (emission credits, carbon credits and
renewable energy credits) are some of the most esoteric commodities
traded on markets. Price discovery and liquidity is a luxury often
not afforded to these markets, so pricing, buying and selling these
commodities can often be difficult and confusing. It is for this
reason that clients occasionally ask Dentons to provide pricing
evaluations of these markets. Most recently, the implementation of
the California and the China carbon markets has increased the
interest in prices for environmental commodities across the board.
The following is a snapshot of some key indexes currently trading
in the markets.
