Every year, governments lower the cap. Fewer permits. Same demand. This is not environmentalism.
This is supply and demand. Carbon is becoming scarce by design.
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Carbon credits don’t have a single global price.
And that’s not inefficiency — it’s reality.
Value depends on context:
• the type of project
• how and where impact is generated
• timing and buyer intent
• verification quality
Unlike financial assets, carbon credits are tied to real-world actions.
And real-world actions are never identical.
Assuming a single price means ignoring impact differences.
That’s why context matters more than abstraction.
Somewhere in 3026, an archaeologist brushes the dirt off a rusted coin.
"What is this?" "Bitcoin. A primitive store of value. They said it was dead in March 2026."
"And then what happened?" "...they were wrong. Again." They always are. 🫡
Understanding the carbon credit market 🧩
The carbon credit market doesn’t work like a traditional financial market.
There’s no single global price.
No unified order book.
No constant liquidity.
Carbon credits are priced mainly by context:
the project, the buyer’s needs, and timing. 🌍
The same credit can be traded at very different prices — not because the impact changed, but because the market structure did.
That’s why understanding how this market functions today matters.
Not all carbon credits behave the same.
And price alone rarely tells the full story.