In the realm of energy and environmental change, California stands as a trailblazer, with its ambitious carbon cap-and-trade program recognized as one of the most expansive multi-sectoral emissions trading systems globally.
Not only has the state already achieved its goal of reducing greenhouse gas emissions to 1990 levels by 2020 (four years ahead of schedule), but it’s also committed to further reductions, targeting an impressive 40% below 1990 levels by 2030. To top it off, California envisions an enviable future with 100% carbon-free electricity and a carbon-neutral economy by 2045.
While these goals are commendable, California Carbon Allowances (CCA) traders face certain inherent challenges:
Timeliness: Existing solutions often don’t provide the immediacy required for timely decision-making.
Consolidation: To understand the nuances of the California carbon market, traders typically have to gather information from multiple sources, a process that can be time-consuming and fragmented.
Completeness: Critical sectors, such as industrial demand, might not be fully represented in the available data.
The solution? Embracing the advanced precision and comprehensiveness of satellite data.
Kayrros Presents: US Carbon Watch for CCA Traders
By harnessing the power of satellite data and its expertise, Kayrros developed US Carbon Watch. This dataset provides traders an unmatched live view of physical demand for carbon credits, months ahead of official data. Covering most of the California Cap-and-Trade program emissions scope, this tool provides emissions data at the sector level, such as industrial emissions, that are often overlooked elsewhere.
Kayrros has meticulously calibrated US Carbon Watch, ensuring that its monitoring of regulated emissions aligns with established scientific benchmarks, displaying an accuracy rate of over 98% against official standards. This approach underscores Kayrros position as a leader in data-driven insights on the California Cap-and-Trade market.
Why Choose Kayrros US Carbon Watch?
1. Stay ahead of the curve: Make informed allowances trades with a real-time view of physical demand for carbon credits.
2. Comprehensive Data at Your Fingertips: Access all essential physical CCA demand figures consolidated in a single platform.
3. Unique Insights, Informed Decisions: Derive macroeconomic insights from live emissions data, all powered by Kayrros uniquely accurate and relevant satellite data.
4. Future-Ready Trading: Forecast the yearly level of regulated emissions several months ahead with remarkable precision.
5. First Mover Advantage: Identify emerging trends in demand for carbon credits, equipped with a superior data-driven edge.
A Comprehensive Coverage
US Carbon Watch offers a detailed understanding of demand data by sector. Each sector is analyzed with a specialized model for heightened accuracy:
Transportation Fuel Suppliers
Suppliers of Natural Gas
In-state Power Generation
Refinery and Hydrogen Plant
In essence, Kayrros covers more than 80% of California-regulated emissions at the sector level.
California’s commitment to a greener future is unequivocal. As the state progresses towards these ambitious goals, CCA traders need advanced tools to stay ahead. US Carbon Watch is a leap forward in how traders access, analyze, and act on carbon market data.
With Kayrros, traders access more than data. They harness actionable insights grounded in scientific expertise for high-level decision-making.
Navigate the future of CCA trading with Kayrros