Carbon Trading (carbon permits/credits/crypto_tokens!) | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Carbon 0 replies

Attachments: Carbon Trading (carbon permits/credits/crypto_tokens!)
Exit Attachments

Carbon Trading (carbon permits/credits/crypto_tokens!)

  • #101
  • Dec 6, 2021 10:34pm Dec 6, 2021 10:34pm
Carbon price surge triggers UK ‘cost containment’ market mechanism - https://on.ft.com/3ou0DUU

Interesting development here. GRN only holds EU futures, but they apparently have a similar mechanism to the UK. Although it sounds like total supply remains the same and they would just issue planned credits early. Maybe bearish short term if they do take action but long term impact is probably minimal.
  • #102
  • Jan 28, 2022 8:14am Jan 28, 2022 8:14am
This has been a great trade, up ~60% with my cost basis at $21.75 - unsurprisingly its held near highs through the past few weeks of broader market volatility. If it dips below the mid $20s, I'll start adding again.
Live Challenge All Time Return: 171.5%
  • #103
  • Jan 30, 2022 3:38am Jan 30, 2022 3:38am
Quoting auricforecas
Carbon (Emission) Trading... I believe this might the next big thing... Imagine even a carbon (permits) based cryptos; mind=blown There are strong initiatives in EU at least.. to reduce the carbon footprint (by law, rather soon, 5years or so)... The companies that won't will be either banned (and/or their products) or will have to pay a (heavy) fee... There might a be a strong and expanding market for this when companies will buy/sell carbon permits... and I believe the pure trading will also be available... Anyone know anything more about...
Just saw your post by random and this came to mind

https://www.klimadao.finance/
nollej is power..
  • #104
  • Jan 31, 2022 6:26am Jan 31, 2022 6:26am
Great thread, thanks for the ideas!
  • #105
  • Mar 2, 2022 4:10pm Mar 2, 2022 4:10pm
Sold 1 x 3/18/22 26 Put today for $1.15

https://www.bloomberg.com/news/artic...n-push-for-now

Some short term risk for sure but we've already taken a pretty good beating so I think it's priced in.
  • #106
  • Mar 8, 2022 8:02am Mar 8, 2022 8:02am
Quoting BTCmailman
Sold 1 x 3/18/22 26 Put today for $1.15 https://www.bloomberg.com/news/artic...n-push-for-now Some short term risk for sure but we've already taken a pretty good beating so I think it's priced in.
Nice trade! I think you're right about risk being priced in. Today's strong open seems to support this.

Quoting yieldjunkie
If it dips below the mid $20s, I'll start adding again.
I jumped the gun a few bucks higher than planned.

Due for an update:
03/02/22 Long @ $26.28
Live Challenge All Time Return: 171.5%
  • #107
  • Jun 16, 2022 7:59am Jun 16, 2022 7:59am
Quoting yieldjunkie
Long @ 20.84 (6/21)
Long @ 21.58 (6/24)
Long @ 21.97 (6/29)
Quoting yieldjunkie
03/02/22 Long @ $26.28
Time felt right to reduce. I’m out of 90% of the position @ 32.85 for a few bps over 50% gain.
Live Challenge All Time Return: 171.5%
  • #108
  • Sep 13, 2022 3:50pm Sep 13, 2022 3:50pm
Bonkers price action lately in GRN!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 61 KB
Live Challenge All Time Return: 171.5%
  • #109
  • Last Post: Dec 18, 2022 9:46am Dec 18, 2022 9:46am
the only instrument i fount that delivers exposure over carbon somehow is https://www.wisdomtree.eu/en-ie/prod...domtree-carbon (Listed on Borsa Italiana , BMV, Xetra and LSE) based on Solactive Carbon Emission Allowances Rolling Futures Total Return Index and has collateral in multiple central banks treasury bills

nothing to do with the underlying carbon credits those are not on open market somehow very illiquid and regularized

i see this market as somewhere between bonds and credits (they are acting like credits peer2peer contracts and we can trade some derrivative like the bonds (making abstraction of the yield stuff))
1 trader viewing now