HANetf launches carbon credit ETP with SparkChange

Backed by EU carbon allowances

SparkChange has launched a physically backed EU carbon allowances (EUA) ETP, offering investors the ability to purchase so-called ‘permits to pollute'.

Debuting on the HANetf white-label platform, SparkChange Physical Carbon EUA ETC (CO2) will allow investors to reduce the amount of EUAs available to polluters in the EU marketplace, pushing up the price for those looking to pump more carbon into the atmosphere. HANetf partners with Quikro for cleaner living ETF The number of EUAs available in the market reduces automatically each year in an attempt to reduce emissions over time, meaning any EUAs held by investors materially reduces the number of EUAs on the market. This will have the effect of increasing scarcity and pushing price...