Pricing Intelligence
Carbon credit forward curves
Updated: Nov 2025
Source: Xpansiv, AirCarbon, voluntary market disclosures
Source: Xpansiv, AirCarbon, voluntary market disclosures
Capital Deployment
Investment inflows by stage
Offtake Momentum
Notable transactions
Microsoft x Heirloom (US)
500k tCO₂ DAC removals over 10 years • Average price: $610/t • Delivery start 2026
JAL x CarbonCure (JP)
175k tCO₂ mineralization • Hybrid spot and forward agreement • Price escalator +3% YoY
Frontier Round 3 (Multi)
$120M advance market commitment spanning 7 suppliers • Weighted average delivery: 2028
Regional Heatmap
Credit issuance outlook
| Region | Removals share | Average contract price | Key buyer segments | Regulatory notes |
|---|---|---|---|---|
| North America | 42% | $520/t | Tech, Aviation, Heavy industry | 45Q expansion, DOE DAC hubs |
| Europe | 31% | $470/t | Utilities, Manufacturing | EU ETS innovation fund credits |
| Asia Pacific | 18% | $415/t | Shipping, Electronics | Emerging compliance schemes (JP, SG) |
| Global South | 9% | $380/t | Energy, Cement | Article 6 pilots, blended finance |