Global Carbon Trading Index - Updated

Click to enlarge:

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%.

Comments

[300mph:]

What a farce!

2008 Aug 21 11:32 AM

[Mike Havrilla:]

The World Bank - State & Trends of the Carbon Market [2008 PDF]:
siteresources.worldban...

2008 Aug 21 01:16 PM

[Mike Havrilla:]

Index Universe on Carbon Trading:
www.indexuniverse.com/...

ETF Trends on Carbon Trading:
www.etftrends.com/2008...

Hard Assets Investor.com on Carbon Trading:
www.hardassetsinvestor...

2-Year Chart for Climate Exchange (London: CLE):
finance.yahoo.com/q/bc...=

2008 Aug 21 02:15 PM

[Rocknbob:]

to 300mph : you are so right. Any new fund or note to invent , the investment banker/robbers will.

2008 Aug 26 10:19 AM

[bsharvy:]

That's an intersting list. Thanks for providing it. In order to be really useful, it needs to indicate % of revenues due to carbon trading for each company.

2008 Sep 02 08:14 PM