Corsia Carbon Fails to Trade So Far After First Day, ICE Data Shows

By Mathew Carr

Oct. 10, 2023 — Carbon credits under the international carbon market for airlines, known as Corsia, didn’t trade after ICE began offering futures Oct. 9, 2023, according to data on the exchange’s website.

I’ve sought comment from ICE, including whether there has been technical problems. Comments to

UN envoys are seeking to create a market under Article 6.4 of the Paris climate deal, which some buyers are waiting for.

CME market prices are also in the doldrums at $1.71/ton.

CME, Last month: Regional Greenhouse Gas Initiative (RGGI) auction prices near all-time highs
The Q3 RGGI cap-and-trade auction sold all 21.9 million V21-23 RGAs on offer at the September 6 sale for $13.85, just five cents shy of its record settlement in June 2022 and in-line with broad market expectations near secondary market values.

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