There is a cap and trade scheme for certain CO2 emissions in the EU[1], and you could try to get exposure to the futures[2] for those emission rights. I see JE0

There is a cap and trade scheme for certain CO2 emissions in the EU[1], and you could try to get exposure to the futures[2] for those emission rights. I see JE00B3CG6315 is a fund doing that. Keep in mind though that the price can go to zero if the actual emissions go below the emissions cap, which happened in 2007. Presumably the EU will try to manage the cap to prevent that from happening again. [1] https://en.wikipedia.org/wiki/European_Union_Emission_Trading_Scheme https://en.wikipedia.org/wiki/European_Union_Emission_Tradin... [2] https://www.theice.com/products/197/EUA-Futures https://www.theice.com/products/197/EUA-Futures