Compliance Market: The compliance market is regulated by national, regional, or provincial laws that require emission sources to comply with greenhouse gas (GHG) reduction targets. Since emission reduction credits from compliance programs are created and traded to meet regulatory requirements, they often hold value similar to other commodities in the market.
Voluntary Carbon Market: The voluntary carbon market allows carbon-emitting entities to offset their unavoidable emissions by purchasing carbon credits generated from initiatives aimed at removing or reducing greenhouse gas (GHG) emissions from the environment. Businesses can participate in the voluntary carbon market independently or through industry-wide programs.
Real-Time Carbon Credit Pricing Table
