Carbon Credits

Targray is a leading global supplier of Carbon Credits, tradable certificates that represent the removal or reduction of one metric ton of carbon dioxide equivalent from the atmosphere. They form the backbone of global carbon markets, enabling organizations, governments, and individuals to offset emissions or comply with regulatory climate programs.

What are Carbon Credits?

Carbon credits are tradable certificates that represent the removal or reduction of one metric ton of carbon dioxide equivalent (1 tCO₂e) from the atmosphere.

Each credit signifies an environmental action—such as reforestation, renewable energy deployment, or methane capture—that avoids or removes greenhouse gas (GHG) emissions compared to a baseline scenario. By creating a market-based mechanism, carbon credits attach economic value to emission reductions, incentivizing industries and projects that drive climate progress.

High-quality carbon credits must be:

  • Additional – The project would not have occurred without carbon finance.

  • Permanent – Emission reductions are irreversible and lasting.

  • Verified – Independently audited by accredited third parties.

  • Transparent – Publicly traceable via registry systems.

  • Exclusive – Each credit is unique and cannot be double-counted.

Targray works exclusively with verified, registry-listed credits to ensure integrity, compliance, and investor confidence.

 

Targray's Carbon Credit Portfolio

Targray offers a diversified portfolio of compliance and voluntary carbon credits, enabling organizations to meet both regulatory and voluntary decarbonization goals. Our portfolio includes:

  • CFR Credits (Canada) – Generated under the Clean Fuel Regulations for low-carbon fuel supply and blending.

  • BC LCFS Credits (British Columbia) – Credits from renewable fuel and electric mobility under BC’s Low Carbon Fuel Standard.

  • Ontario EPS Credits – Emission performance credits for large industrial facilities under Ontario’s EPS program.

  • EUAs (European Union Allowances) – Compliance-grade credits for regulated entities under the EU ETS.

  • Voluntary Carbon Credits (VCCs) – Verified through Verra, Gold Standard, and ACR, spanning reforestation, renewable energy, and community development.

  • Renewable Natural Gas (RNG) and Biogas Credits – Linked to avoided methane and verified carbon intensity improvements.

Compliance Carbon Markets

Compliance markets are government-regulated systems that set legal limits on emissions for specific sectors or companies. Participants must either: Reduce their own emissions; or purchase carbon credits (also called allowances) to cover emissions above their limit.

Examples include:

  • European Union Emissions Trading System (EU ETS)

  • California Cap-and-Trade Program

  • Canada’s Clean Fuel Regulations (CFR)

  • Ontario Emissions Performance Standards (EPS)

In these markets, credits are issued by a regulatory authority and traded among obligated entities to meet compliance targets.

Voluntary Carbon Markets (VCM)

Voluntary carbon markets allow businesses, institutions, and individuals to offset unavoidable emissions voluntarily. Credits in this market are created by independently verified projects and certified under global standards such as: Verra, Gold Standard, American Carbon Registry, and Climate Action Reserve

Voluntary credits fund projects that:

  • Restore forests and peatlands

  • Deploy renewable energy in developing regions

  • Capture and destroy methane

  • Implement sustainable agriculture and soil carbon practices

These markets empower companies to meet net-zero and ESG commitments beyond regulatory requirements.

The Role of Carbon Credits in the Energy Transition

Carbon credits are a critical financial mechanism for the decarbonization of industries such as:

  • Transportation: Fuel producers use credits from low-carbon fuels or EV charging networks to meet intensity reduction targets.

  • Heavy Industry: Cement, steel, and mining operations offset residual emissions while investing in process improvements.

  • Energy: Renewable project developers monetize carbon reduction value streams, supporting investment in wind, solar, and biogas.

  • Agriculture & Forestry: Sustainable land management generates high-integrity offsets that restore biodiversity and soil health.

In essence, carbon markets transform emission reductions into investable assets, bridging environmental impact with commercial value.

Targray Carbon Credit Solutions

Contact Our Environmental Commodities Team

Targray’s mission is to enable the global transition to a low-carbon economy through high-integrity trading, sustainable supply chains, and strategic partnerships. Whether you’re: A fuel supplier generating credits under Canada’s CFR, a corporate emitter seeking verified offsets, or a project developer looking to monetize emission reductions, Targray provides the expertise, access, and infrastructure to help you succeed.

Contact Targray’s Environmental Commodities Team to discuss your carbon credit strategy or project.

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