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The table above presents an updated version of my Global Carbon Trading Index, which now includes 18 components with a one month return of -6%.

I have included the iPath Global Carbon ETN (GRN) as an active component and added the Market Vectors Environmental Services ETF (EVX) as a benchmark tracking fund.

The index has been volatile over the last five days, with several component stocks involved in carbon credit generation and trading recording gains exceeding 20% and losses over 10%.

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