HomeCarbon CreditsCanadian Carbon Credit ETF’s set to Launch

Canadian Carbon Credit ETF’s set to Launch

The carbon markets are heating up, so much so that Canada is getting two carbon credits ETF’s.

Both are claiming to be the “first” Canadian Carbon credit ETF.

Horizons ETFs Management (Canada) and Ninepoint Partners LP are launching their own respective carbon credit ETF’s on the TSX and NEO exchanges.

Horizons Carbon Credits ETF will trade under the ticker “CARB” and the goal is to replicate the performance of its Horizons “Carbon Credits Rolling Futures Index”. That index seeks to provide exposure to investments in cap-and-trade carbon allowances.

CARB will begin trading on February 10, 2022 on the TSX exchange.

The Ninepoint Carbon Credit ETF has a US and Canadian denominated ticker. The Canadian ticker is “CBON” & the US Dollar ticker is “CBON.U”. Both are set to launch on the Canadian NEO exchange around February 16th, 2022.

The Ninepoint offerings have a similar investment strategy as CARB, by investing in carbon emissions allowance futures in jurisdictions with cap-and-trade regimes such as Europe and California.

Both have claimed to be Canada’s first Carbon ETF’s and to check if these are “carbon copy” funds you will need to review their prospectus’ as both have a similar management fee structure of 0.75%.

Here’s the link to the official press releases here – CBON & CBON.U & CARB.

Investors are demanding more options to get exposure to the carbon credit sector which grew to over $850 billion last year.

Most Popular
LATEST CARBON NEWS

Brazil’s Bill Will Allow Loggers to Earn $24M from Carbon Credits

Brazil’s Congress passed a bill that will make carbon credits available to private companies with forest concessions, serving a first step in regulating the...

Global Renewable Energy to Break Records in 2023, IEA Says

Global additions of renewable power capacity will increase by a third this year, says the International Energy Agency (IEA). In the IEA's 2023 Renewable Energy...

Equatic Reveals First-of-a-Kind Ocean CO2 Removal Tech, Inks Deal with Boeing

Ocean carbon removal startup Equatic launches breakthrough low-cost, gigaton-scale climate technology and signs a pre-purchase deal with Boeing. L.A.-based Equatic is an UCLA Samueli School...

Lithium-Ion Wars: US Battery Imports Soar by 66%, Setting New Record as Domestic Production Ramps Up

According to S&P Global, in the first quarter of 2023, US imports of lithium-ion batteries surged by nearly 66% from the previous year, reaching...
CARBON INVESTOR EDUCATION

What are the Effects of Methane Emissions and Why Should We Care?

What are the effects of methane emissions? That’s the multi-million dollar question in the world’s battle over global warming as methane was often overlooked...

Carbon Credits and the Future of Sustainable Business: Exploring Best Practices

The trading of carbon credits can help entities and the world meet their climate goals by cutting carbon emissions and practicing sustainable business. While...

Revolutionizing Textile Recycling with HTC

A Virginia-based startup, Circ, has developed a unique hydrothermal processing technology for recycling blended textiles, like polyester-cotton blends. With fast fashion's emissions and environmental...

Carbon Credits and the Sustainable Development Goals: Aligning Climate Action with Global Priorities

Carbon credits from climate actions represent a crucial part of a strategy to mitigate climate change while supporting the global priorities on advancing sustainable...