Carbon intensity is a key metric in pricing low-carbon commodities to drive the energy transition
LONDON, NEW YORK, SINGAPORE, November 9, 2022 /PRNewswire/ — S&P Global Commodity Insights, the leading independent provider of information, analysis and benchmark prices for the commodity and energy markets, announced today 15th of Novemberth it will publish the industry’s first-ever estimates of carbon intensity for diesel, gasoline and jet fuel, along with daily price premiums for carbon offsetting. Carbon intensity estimates for refined products will help refiners, investors, shareholders and downstream buyers better understand the emissions attributes of these key transportation fuels.
S&P Global Commodity Insights’ Platts carbon offset price premium ratings will include diesel, gas and jet fuel Northwest Europe (NWE), US Gulf Coast (USGC) and Singaporeand be tied to existing price benchmarks in those markets. The carbon intensity price premium currently reflects the cost of offsetting emissions through removal-based carbon credits. This mark-up is expected to evolve into a difference from the base price based on the product’s carbon intensity attribute.
Deb RyanHead of Low Carbon Commodities at S&P Global Commodity Insights, said: “The carbon intensity of these regional gasoline, diesel and jet fuel products is the next step in the development of the carbon intensity assessment and provides an estimate of the carbon emissions for the production of these…
