List of Environmental Markets Stocks
This post was last updated on 4/27/2022.
Environmental market stocks are publicly traded companies whose business involves the trading of commodities designed to represent an environmental attribute, such as renewable electricity, the environmental benefits of renewable energy (Renewable Energy Credits ), Carbon Offsets and other types of environmental offsets.
Carbon emission trading implemented
Carbon emission trading scheduled
Carbon tax implemented
Carbon tax scheduled
Carbon emission trading or carbon tax under consideration
By Tbap , via Wikimedia Commons
Crius Energy Trust (KWH-UN.TO, CRIUF)
GlyEco, Inc. (GLYE)
Hannon Armstrong Sustainable Infrastructure (HASI)
Just Energy Group Inc. (JE)
KraneShares Global Carbon ETF (KRBN)
Trading Emissions PLC (TRE.L)
If you know of...
Carbon Emissions ETF
Today, while reading an article on cleantech ETFs by The Motley Fool, I found out that XShares Advisors LLC and the Chicago Climate Exchange were working on a carbon emissions-based ETF (PDF document). There is not a lot of info available on what exactly this ETF will track. We reported back in November that UBS had launched an index based on European carbon prices. As noted by Richard Kang at around the same time, this index is well-suited for something like an ETF. If any of our readers have any further insight on this, don't hesitate...
UBS Launches CO2 Emissions Index
UBS (NYSE:UBS) announced on Friday the launch of the UBS World Emissions Index (UBS-WEMI) – the world’s first index based on global carbon markets. At the moment, only the two exchanges linked to the EU Emissions Trading Scheme (ETS) , the Nordic Power Exchange (Nordpool) and the European Climate Exchange (ECX), qualify for WEMI. The index is composed of future contracts on CO2 weighted between the two trading platforms as follows: ECX, 72.11% and Nordpool, 27.89%. The weights are allocated based upon the liquidity of the underlying exchanges as well as their respective share in the European carbon market....
GlyEco Expands Antifreeze Recycling Footprint
by Debra Fiakas CFA Glyeco recycles waste glycol into reusable antifreeze, windshield wiper fluid and air conditioning coolants for the automotive and industrial markets. The used coolant and antifreeze liquids are frequently contaminated with water, dirt, metals and oils. The company uses a proprietary technology at the foundation of its recycling system to eliminate contaminants. The company focuses mainly on ethylene glycol in its six processing plants. Last month chemical recycler GlyEco, Inc. (GLYE: OTC/QB) acquired Brian’s On-Site Recycling, a provider of antifreeze and air conditioning coolant disposal services in the Tampa, Florida area. The deal extends...
NYMEX To Get Involved In Emissions Trading
A senior NYMEX official told reporters Wednesday that the exchange was considering getting into the business of carbon emissions trading. Given the actual, but especially the potential, size of this market, it makes sense that established bourses would take a good hard look at it. This will probably not be seen as very good news by the folks at Climate Exchange plc . Of course, until NYMEX actually unveils anything substantial, this will remain nothing but chatter.
ADR For Climate Exchange plc
One of our readers made a useful comment on our last post about Goldman Sachs and Climate Exchange plc. I thought some of you who are unlikely to go back to that post might be interested: "Hey this article on the Climate Exchange was great information. But you should tell your readers that there is an ADR trading OTC here in the states - CXCHF. Get it while the gettin is good. How long 'til GS takes this to the big board?" Thanks for this heads up, cascadehigh. UPDATE: Following this post, I got the...
US Presidential Election & Carbon Markets: Is The Climate Exchange Story Overdone?
An interesting piece yesterday in POLITICO on how carbon prices on the Chicago Climate Exchange (CCX) have been trending up in recent months, mostly since it's become clear that all three remaining presidential hopefuls will likely regulate CO2 emissions at the federal level. In fact, as per the chart above, prices for the right to emit a metric ton of CO2 have been on a tear, recovering from a pretty significant slump in the preceding months. Last week, the World Bank Carbon Finance Unit released its annual update on the state of global carbon market (PDF...
The Republican-Proposed Carbon Tax
by Noah Kaufman A group of prominent conservative Republicansincluding former Secretary of State James Baker III, former Treasury Secretary Hank Paulson, former Secretary of State George Shultz and former Walmart Chairman Rob Waltonmet with key members of the Trump administration on Wednesday about their proposal to tax carbon dioxide emissions and return the proceeds to the American people. Such an economy-wide tax on carbon dioxide could enable the United States to achieve its international emissions targets with better economic outcomes than under a purely regulatory approach. Attributes of the Republican Carbon Tax Proposal While the details on the...
Climate Legislation: Who wins? Who loses?
Most Americans now agree that something needs to be done to reduce our greenhouse gas emissions. Hopefully most Americans now appreciate that this is not a small, but even more so, not a simple problem. I am a big believer that the playing field for our low carbon future should start level, and the market should be structured to allow our major power and energy companies a chance to lead the way, instead of simply dishing out punishment for our combined historical choices. Carrots and sticks work well together, but sticks alone are not going to solve our...
Investing in Climate Change
This post was supposed to be about coal-to-liquids (CTL), but I came across interesting info yesterday after opening a former colleague’s mail that I thought would make for a more interesting post. The CTL piece will thus have to wait a bit. What was in the package was a hard copy of the January/February 2007 edition of CNBC European Business. This edition is dedicated to climate change, but, more importantly, to how some firms are positioning themselves to benefit from the markets that will be created as a result of regulatory and other actions to tackle greenhouse gas...
Climate change, carbon trading and America…it’s only a matter of time
Just a quick follow-up on my carbon trading post a few days ago. Thanks to GreenBiz.com for the heads up on the results of a survey that were released during MIT's seventh annual Carbon Sequestration Initiative Forum. The results show that climate change now tops the list of environmental concerns for Americans. I don't want to reveal too much here since this is a GreenBiz.com story, but it suffices to say that this provides yet more ammunition to the political backers of a framework to reduce greenhouses gases in America. Momentum is building and there will definitely be some...
Environmental Markets: The Next Frontier in Environmental Investing?
The term environmental markets remains foreign to most investors (and environmentalists!), even though these markets represent, in my view, a very compelling investment story. Although we've discussed trading in carbon emissions in the past, I thought I would expand a bit and talk about environmental markets in general, and about good ways to play them. What's An Environmental Market? Environmental markets exist at the confluence of two movements: (a) A growing desire on the part of national and regional governments in several countries to both limit environmentally-damaging behavior and to promote the growth of alternative...
Linking Emissions Trading Systems
For those interested in the topic of emissions trading, a new piece was just published by the International Emissions Trading Association on the topic of 'linking' different emissions trading regimes (PDF document). Linking entails allowing emission credits from one scheme to be rendered tradable in another. For example, European credits would be valid and tradable in California, and vice-versa. Beyond allowing the carbon market to become more efficient and liquid, linking could also present a range of arbitrage opportunities. For all of you environmental markets fiends out there, I would definitely recommend this paper. It's short (13...
Some Tidbits From The World Of Emissions Trading
To be sure, the near-term prospects for carbon emissions trading are bleak. Continued decline in industrial production across the world's major manufacturing economies will inevitably lower carbon emissions. The clearest indicator of this, short of directly measuring emissions, is a sharp decline in the price of various fossil energy commodities (i.e. oil, natural gas and coal) on the back of falling demand. Another important factor for carbon emissions trading is that the commodity in play - the regulatory right to emit a unit of carbon dioxide equivalent (CO2e) - derives its legitimacy entirely from a regulatory scheme...
Plastic Recyclers Chasing Arrows
According to Plastics Europe Research Group, over 35 million tons of plastic material was produced globally in 2016, the last year for which full-year data is available. That brought total plastic production to 9 billion tons since 1950. All of those plastic materials remain in existence somewhere - still in use, landfills, junk yards, blowing around the countryside, waterways, oceans, fish stomachs. The post “Plastic Contagion’ on April 13th outline the dangers presented by plastic waste, ranging from respiratory failure from toxic emissions to reproductive interference in aquatic animals.
The building burgeoning volume of plastic waste has sent environmentalists scrambling for solutions to the plastic waste...
Biochar’s Likely Market Impacts
Biochar is still mostly a research and cottage industry, yet it has the potential to impact returns for a broad range of investors. Tom Konrad, Ph.D., CFA Biochar, or amending soil with biomass-derived carbon, shows great potential to improve the productivity of soils, as well as to increase the utilization of fertilizers by plants, while sequestering carbon to reduce the drivers of climate change. On August 10, I went to the 2009 North American Biochar Conference to look at the potential for investors. Before I went, I took a look at the publicly traded companies...
