# Biogas and biomethane and Carbon dioxide

Their prices have moved together.

Source page: https://www.materialinsights.org/links/biogas-and-biomethane-and-carbon-dioxide/

[Biogas and biomethane](https://www.materialinsights.org/energy/biomethane/) (chemical) and [Carbon dioxide](https://www.materialinsights.org/chemicals/carbon_dioxide/) (chemical): 1 relationship.

## How they are linked

### 1. Price link: upgrading by-product

*Cost and price · Weak · Both ways*

Upgrading biogas removes carbon dioxide, which can be captured and sold for food or industrial use. The carbon dioxide index correlates at 0.13 monthly with the gas proxy, as its price depends on supply from ammonia and ethanol plants.

- **0.13** monthly change correlation
- **0.08** 12-month change correlation
- **-0.59** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.