The price of forest carbon credits has doubled
The price of forest carbon credits doubled in 2011, leading to a record market value of $237 million according to the latest Ecosystem Marketplace survey of forest carbon markets, Leveraging the Landscape: State of the Forest Carbon Markets 2012.
The report examines a variety of strategies for injecting financial resources into projects that save or plant forests that capture carbon. Carbon offsets from these projects averaged $9.2 per tonne of sequestered carbon in 2011, up from $5.5 per tonne in 2010.
