Carbon Credits Give $664 Benefits Per Ton, Imperial Says

Carbon-reduction projects generate benefits beyond climate protection of about $664 per metric ton of emissions, according to an Imperial College London University survey.

The study into 59 projects showed they bring ecosystem gains including soil protection, water regulation and biodiversity conservation, the university said. The survey’s estimate compares with an average price of $4.90 a metric ton in the voluntary carbon market, where companies and individuals buy credits, Ecosystem Marketplace data show. The research was commissioned by the International Carbon Reduction and Offset Alliance, an emissions industry group.