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Access Carbon-Trading Market Via This ETN
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In the last few days there has been an onslaught of new ETFs and ETNs. The most interesting might be the iPath Global Carbon ETN(GRN Quote), a way to access the carbon trading market.
GRN tracks something called the Barclays Capital Global Carbon Index Total Return. It will have a 0.75% annual fee and will not pay out any interest.
Barclays provides a report on the iPath Web site -- and even if you have no interest in GRN for an investment, learning about the greenhouse gas issue is important. ...
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