Carbon Trading Prices
Indicative carbon allowance prices across the world's major emissions trading systems. Prices are updated periodically and are for informational purposes only.
Last updated: 2026-05-21 · Prices are indicative; verify with official sources before trading.
Carbon markets are dynamic and prices can be highly volatile. The prices shown here are indicative snapshots. For trading purposes, use official exchange data from ICE, EEX, CME, or the relevant national exchange. USD conversions use approximate exchange rates.
Detailed Market Data
| Market | Price | USD equiv. | 1d % | 1w % | 1m % | 52w High | 52w Low |
|---|---|---|---|---|---|---|---|
EU ETS European Union | EUR 68.4 | $74.2 | -1.2% | +2.8% | -5.4% | EUR 98.5 | EUR 52.1 |
UK ETS United Kingdom | GBP 43.8 | $55.6 | +0.3% | -1.5% | +3.2% | GBP 68.2 | GBP 34.5 |
California Cap-and-Trade California + Quebec | USD 34.1 | $34.1 | +0.1% | +0.5% | +1.8% | USD 40.8 | USD 29.3 |
China ETS China | CNY 102 | $14.1 | +1.4% | +3.2% | +8.5% | CNY 107.5 | CNY 55.2 |
Korea K-ETS South Korea | KRW 8,850 | $6.4 | -0.8% | -2.1% | -4.3% | KRW 15,600 | KRW 7,200 |
New Zealand ETS New Zealand | NZD 62.5 | $37.8 | +0.6% | +1.2% | -2.1% | NZD 75.3 | NZD 50.1 |
Switzerland ETS Switzerland | CHF 64.2 | $72.8 | -0.5% | +2.1% | -3.8% | CHF 92.4 | CHF 55.7 |
Australia Safeguard Australia | AUD 33.5 | $21.8 | +0.2% | -0.8% | +2.4% | AUD 38.2 | AUD 26.4 |
52-Week Price Range (USD equivalent)
ETS System Profiles
EU Emissions Trading System (EU ETS)
The world's largest and oldest carbon market. Covers power generation, heavy industry, and aviation across 27 EU countries plus Iceland, Liechtenstein, and Norway. Phase 4 (2021–2030) tightens the cap 4.3% annually. A new ETS2 covering buildings and road transport launches in 2027.
China National ETS
The world's largest carbon market by volume of emissions covered (~5 billion tCO₂/year), currently covering the power sector only. Intensity-based benchmarking rather than absolute caps. Will expand to 8 sectors including steel and cement by 2025.
California Cap-and-Trade Program
Covers large industrial facilities, electricity generators, and transportation fuels. Linked with Quebec since 2014. Quarterly auctions set a price floor (currently ~$19.70). Extended through 2030.
UK Emissions Trading Scheme
Launched after Brexit to replace UK participation in EU ETS. Covers power generation, heavy industry, and aviation. The government has adopted a cap consistent with net zero by 2050.
Korea Emissions Trading Scheme (K-ETS)
Covers 685 companies across power, industry, buildings, transport, waste, and aviation — one of the broadest sector coverages globally. Phase 3 (2021–2025) introduced auctioning.
New Zealand ETS (NZ ETS)
Covers energy, industry, waste, and uniquely includes forestry and agriculture. Participants can use NZUs (New Zealand Units). Fixed price options set upper bounds.
Australia Safeguard Mechanism
Reformed in 2023, requires ~215 largest industrial facilities to reduce emissions in line with Australia's net zero by 2050 trajectory. Facilities can surrender ACCUs or buy Safeguard Mechanism Credits.
Switzerland ETS
Covers stationary installations in energy-intensive industries. Linked with EU ETS since 2020, making it the first non-EU/EEA country to link with the EU carbon market.
Kazakhstan ETS
Covers electricity generation, oil & gas, mining, chemicals, and metals. One of the few ETS systems in Central Asia.
Mexico ETS (Pilot Phase)
A simulation pilot ETS covering energy and industry emitting ≥100,000 tCO₂/year. Transitioning to a mandatory operational phase. Simulated trading allows companies to prepare.