SparkChange Physical Carbon EUA ETC (CO2U.L) is an exchange-traded fund (ETF) listed on the London Stock Exchange. market capitalization is approximately $180M.
Frequently Asked Questions about SparkChange Physical Carbon EUA ETC (CO2U.L)
What does SparkChange Physical Carbon EUA ETC invest in?▾
SparkChange Physical Carbon EUA ETC (CO2) is designed to offer investors a means of accessing physical European Union carbon Allowances (EUAs). Each carbon EUA acts as a permit to pollute 1 tonne of carbon dioxide, so investing in CO2 can prevent emissions by withholding these carbon allowances from polluters. As polluters and investors compete for a reduced supply of EUAs, prices may rise until it becomes too expensive for polluters to continue using dirty fossil fuels. The physical carbon EUA ETC avoids the performance drag associated with EUA futures-based products. The carbon EUA ETC is...