What is a verified tonne worth across markets?
A map of the markets that price avoided emissions today, the pathways forming for Brazilian compliance and Article 6, the reference benchmarks set by compliance systems where renewable-displacement credits are not eligible, and the demand direction emerging from hourly carbon-matched procurement.
What is a verified tonne worth across markets?
An eligibility-and-value map for the category — not a price chart, not a return projection, and never tied to a specific asset. Each band carries a source and as-of date.
Addressable today · Voluntary markets
AddressableWhere independently verified avoided-emission claims from renewable generation transact today, primarily bilateral/OTC. Realized prices depend on vintage, registry, project type, and counterparty.
Pathways · Brazilian compliance & Article 6
PathwayBrazil's compliance market (SBCE, Lei 15.042/2024) contemplates accredited crediting methodologies (CRVE). Karbera's methodology is built for this bar — fully published, no self-reporting, hourly ONS-verified data — and accreditation under the SBCE managing body is a stated Karbera objective as the system's rules are finalized. Brazil is also accelerating Paris Agreement Crediting Mechanism (PACM / Article 6) adoption; internationally transferred mitigation outcomes require exactly the provenance and no-double-counting guarantees Karbera's audit architecture provides.
Reference only · Compliance markets (context)
Not eligibleWhat the world's compliance markets pay for a tonne. These systems settle in their own allowances or narrow domestic offset protocols; renewable-displacement credits are not eligible. Shown as reference anchors for what verified carbon is worth where verification is mandatory — not as an available market.
Forward demand · Hourly carbon-matched procurement
EmergingHyperscalers are moving from annual renewable matching to 24/7 hourly carbon-free energy commitments, with granular-certificate standards (EnergyTag) formalizing per-hour attributes. The procurement frontier is emissions-matched: buying the hours that displace the most carbon. Karbera measures precisely that quantity — hourly, per-plant, provenance-attached — and the marginal emission factor (MEF) on our methodology roadmap is the exact signal emissions-first procurement ranks on. No established price benchmark exists yet for granular attributes; this lane shows demand direction, not price.
Indicative reference values, not quotes and not investment advice. Realized prices depend on vintage, registry, project type, additionality assessment, and counterparty; markets shown are not interchangeable, and eligibility differs by system. Karbera displays market-level information only and does not estimate the value of any specific asset or portfolio. CRIOS tokens are not offered for sale; no tokens have been minted and no smart contracts have been deployed. For what verified measurement could mean for your portfolio, contact us.
Citations
- SBCE — Lei 15.042/2024: Casa Civil
- Article 6 / PACM: UNFCCC Article 6.4 Mechanism
- Granular certificates: EnergyTag
- 24/7 carbon-free energy: Google 24/7 CFE · Microsoft 100/100/0
- Voluntary market reference prices are sourced from the curated registry that powers the Intelligence page (Ecosystem Marketplace, Carbon Pulse, Brazilian I-REC OTC disclosures). Compliance reference values are sourced from RGGI auction results, ICE EUA settlement (via Trading Economics with DEHST canonical reconciliation), and CARB joint auction reports.