The CO2 becomes a hazard index.
Last week, among the many newsletters to which I have subscribed, there was an interesting article on link between investment funds and the level of CO2 generated . I think you're probably wondering how the two can bond with each other, I have asked the same question.
Trucost , a British company specializing in environmental research has recently calculated the carbon footprint (CF) of some of the largest (by market capitalization) American mutual fund.
The reason for this study is to see how an investment fund is exposed to the risk of any laws on climate change and greenhouse gases.
As everyone knows, Obama put the issue of environmental protection and greenhouse gas emissions a priority in its agenda, it makes concrete the possibility of using the methodology cap and trade (European Trading Scheme model) for all federal states in the years to come.
Trucost has produced a ranking of 91 top funds in accordance with CF (with a total capitalization of $ 1.55 trillion).
According to this ranking, you can tell what will be most affected if mutual funds that will set a cap on CO2 emissions. The most polluting enterprises will increase their operating costs because of the price of emissions, thereby increasing the costs of energy supply. A fund
Carbon-intensive as Fidelity Capital Appreciation Fund , according to the analysis of Trucost could incur extra costs for a value of $ 125 million, accounting for 3.32% of the profits (assuming a cost of $ 28.24 per ton CO2).
These losses are very high if compared with another fund, much less carbon-intensive "as SPDR Fund, whose costs are estimated at around U.S. $ 8.3 million assuming the same scenario. For the moment
Trucost has not published any figures for the 91 funds analyzed, so you can not even get a full picture.
And 'interesting to note that the top 5 funds in terms of CO2 emitted, listed below, do not invest in sectors such as utilities, oil and gas, but are more focused on insurance and social security.
Below are the 5 best and worst funds in terms of CO2 emitted.
to the next.
The best funds in terms of CO2 emissions are
1. Financial Select Sector SPDR Fund - 40 tons of CO2 equivalent (t CO2) per million dollars in revenue
2. Vanguard Health Care Fund - 48
3. PowerShares QQQ Trust - 69
4. Ariel Appreciation Fund - 98
5. Oppenheimer Global Fund - 111
The worst funds in terms of CO2 emissions are
1. iShares FTSE / Xinhua China 25 Index Fund - 1.549 t CO2 per million dollars in revenue
2. Fidelity Capital Appreciation Fund - 758
3. Janus Fund - 744
Last week, among the many newsletters to which I have subscribed, there was an interesting article on link between investment funds and the level of CO2 generated . I think you're probably wondering how the two can bond with each other, I have asked the same question.
Trucost , a British company specializing in environmental research has recently calculated the carbon footprint (CF) of some of the largest (by market capitalization) American mutual fund.
The reason for this study is to see how an investment fund is exposed to the risk of any laws on climate change and greenhouse gases.
As everyone knows, Obama put the issue of environmental protection and greenhouse gas emissions a priority in its agenda, it makes concrete the possibility of using the methodology cap and trade (European Trading Scheme model) for all federal states in the years to come.
Trucost has produced a ranking of 91 top funds in accordance with CF (with a total capitalization of $ 1.55 trillion).
According to this ranking, you can tell what will be most affected if mutual funds that will set a cap on CO2 emissions. The most polluting enterprises will increase their operating costs because of the price of emissions, thereby increasing the costs of energy supply. A fund
Carbon-intensive as Fidelity Capital Appreciation Fund , according to the analysis of Trucost could incur extra costs for a value of $ 125 million, accounting for 3.32% of the profits (assuming a cost of $ 28.24 per ton CO2).
These losses are very high if compared with another fund, much less carbon-intensive "as SPDR Fund, whose costs are estimated at around U.S. $ 8.3 million assuming the same scenario. For the moment
Trucost has not published any figures for the 91 funds analyzed, so you can not even get a full picture.
And 'interesting to note that the top 5 funds in terms of CO2 emitted, listed below, do not invest in sectors such as utilities, oil and gas, but are more focused on insurance and social security.
Below are the 5 best and worst funds in terms of CO2 emitted.
to the next.
The best funds in terms of CO2 emissions are
1. Financial Select Sector SPDR Fund - 40 tons of CO2 equivalent (t CO2) per million dollars in revenue
2. Vanguard Health Care Fund - 48
3. PowerShares QQQ Trust - 69
4. Ariel Appreciation Fund - 98
5. Oppenheimer Global Fund - 111
The worst funds in terms of CO2 emissions are
1. iShares FTSE / Xinhua China 25 Index Fund - 1.549 t CO2 per million dollars in revenue
2. Fidelity Capital Appreciation Fund - 758
3. Janus Fund - 744
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