Carbon ETN Soars Ahead of EU Backloading Plan
February 11, 2014 at 16:02 PM EST
The carbon prices have plunged over the past couple of years, but the carbon-related exchange traded note is making a swift rebound ahead of the European Commission’s plan to cut the supply of permits. The iPath Global Carbon ETN (NYSEArca: GRN) jumped 46.5% year-to-date and gained 54.1% over...