Energy Academy
Emerging Finance Models11 / 12

Carbon Finance & Credits

Revenue from carbon savings (via carbon markets or internal pricing).

10 min read · Jacob Willis, Net Zero Lead · Last reviewed July 2026


As carbon gains a price - through markets, taxes, and internal mechanisms - it becomes a source of value that can help fund energy projects. Carbon finance turns emissions reductions into revenue or avoided cost, strengthening the case for investment.

In this lesson

  • 01Carbon as a financial factor
  • 02Carbon markets and credits
  • 03Carbon taxes and avoided costs
  • 04Internal carbon pricing
  • 05Carbon value in the investment case
  • 06The growing importance
  • 07Connecting finance to strategy
  • 08Sources and further reading