{"id":25688,"date":"2022-06-07T09:10:58","date_gmt":"2022-06-07T08:10:58","guid":{"rendered":"https:\/\/www.etfworld.com\/nl\/?p=25688"},"modified":"2022-06-08T14:41:03","modified_gmt":"2022-06-08T13:41:03","slug":"sparkchange-physical-carbon-eua-etc-co2-now-available-to-european-investors","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/nl\/sparkchange-physical-carbon-eua-etc-co2-now-available-to-european-investors\/","title":{"rendered":"SparkChange Physical Carbon EUA ETC (CO2) now available to European investors"},"content":{"rendered":"

SparkChange Physical Carbon EUA ETC (CO2), Europe\u2019s first physically-backed Carbon Exchange-Traded Commodity, has listed on Deutsch B\u00f6rse XETRA and Borsa Italiana.<\/p>\n

<\/p>\n

Sign up to our free newsletters<\/strong><\/a><\/p>\n

\n

Elliot Waxman, CEO di SparkChange<\/strong><\/p>\n

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\u00a0\u00a0\u00a0 SparkChange CO2 prevents emissions by withholding carbon allowances from polluters.<\/strong><\/p>\n

\u00a0\u00a0\u00a0 With $150 million in AUM, the ETC withholds allowances equivalent to 1.5 million metric tonnes of CO2.<\/strong><\/p>\n

The world\u2019s first Exchange-Traded Product backed by physical EU carbon allowances (EUAs) has listed on the Deutsche B\u00f6rse XETRA and Borsa Italiana stock exchanges (please see the attached press release).<\/p>\n

SparkChange Physical Carbon EUA ETC<\/strong><\/span> (Ticker: CO2) offers investors a simpler way to invest in physical EU carbon allowances, also known as \u201cpermits to pollute\u201d. Companies classified as polluters by the EU must hold and redeem these permits in line with the amount of pollution they emit. Permit holders have the right to emit one tonne of carbon dioxide (CO2).<\/p>\n

While other funds have tracked the price of carbon allowances using futures contracts and derivatives, CO2 is the only physically-replicated carbon allowance ETC. This means that it buys and holds carbon allowances in custody, in-line with the fund\u2019s AUM.<\/p>\n

As a result, as more money comes into the fund, additional carbon allowances are purchased, leaving fewer for Europe\u2019s biggest polluters to buy to cover their greenhouse gas emissions. This makes fossil fuel consumption and polluting activity more expensive, encouraging polluters to invest in more sustainable alternatives.<\/strong><\/p>\n

As well as being listed in the UK, Germany, and Italy, CO2 is also passported to the Netherlands, Finland, Luxembourg, Denmark, Norway, Sweden, Belgium, Spain, and France, making this investment opportunity widely available across Europe.<\/p>\n

Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"

SparkChange Physical Carbon EUA ETC (CO2), Europe\u2019s first physically-backed Carbon Exchange-Traded Commodity, has listed on Deutsch B\u00f6rse XETRA and Borsa Italiana.<\/p>\n","protected":false},"author":4,"featured_media":25689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[4],"tags":[204,406],"class_list":["post-25688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-europe","tag-hanetf","tag-sparkchange"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/25688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/comments?post=25688"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/25688\/revisions"}],"predecessor-version":[{"id":52824,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/posts\/25688\/revisions\/52824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media\/25689"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/media?parent=25688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/categories?post=25688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/nl\/wp-json\/wp\/v2\/tags?post=25688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}