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The Markets
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SparkChange and HANetf see good uptake in the first ETP backed by physical EU Carbon Allowances

SparkChange and HANetf see good uptake in the first ETP backed by physical EU Carbon Allowances

SparkChange CEO Elliot Waxman and head of research Jan Ahrens joined Proactive's Stephen Gunnion to share news of the strong uptake of the world's first ETP backed by physical EU Carbon Allowances, which has sparked ESG investment activism by removing carbon allowances from polluters.

Waxman and Ahrens telling Proactive that SparkChange Physical Carbon EUA ETC (Ticker: CO2) provides investors with an easier way to invest in physical EU carbon allowances, or "permits to pollute" that the EU Commission forces industrial emitters to obtain to cap the level of pollution in Europe.

SparkChange CO2 is a partnership between carbon experts, SparkChange, and exchange-traded products expert HANetf.

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