BCG survey finds buyers willing to pay more for quality carbon removal
A Boston Consulting Group (BCG) survey of 300 buyers found that target portfolio prices for carbon credits have tripled since 2022, with buyers willing to pay a premium for quality. Buyers would spend an estimated $800 million more annually if sufficient credits met their quality criteria, which prioritises trusted registries and rigorous measurement. BCG noted that the average target budget is $58 per tonne, but buyers would need to spend $79 per tonne to match their quality preferences. The report also highlighted the importance of credit delivery timing, noting that the market largely unprices the difference between immediate and future removals. Bioenergy with carbon capture and storage (BECCS) and biochar were identified as 'workable middle ground' options, considered by three-quarters of buyers at current supplier prices.
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