Carbon Credits: Who Buys

: Manufacturers like Volkswagen and partners of Tesla (such as Stellantis, Ford, and Toyota) purchase credits to meet strict regulatory emission targets and avoid fines.

: Large energy companies use credits to offer "carbon-neutral" fuels and address operational emissions. Shell was the largest single retirer of credits in 2024 and 2025, neutralizing nearly 10 million tonnes in 2025 alone. who buys carbon credits

: Despite having lower direct emissions, financial institutions and service firms are intensive users of voluntary offsets to boost environmental claims and attract ESG-conscious investors. Carbon credits: A crucial tool for climate action - Agreena : Manufacturers like Volkswagen and partners of Tesla

Major corporations are the primary drivers of demand, particularly those with "hard-to-abate" emissions—sectors where complete decarbonization is currently technologically or economically unfeasible. who buys carbon credits