(Bloomberg) The speculative fervor that made European carbon allowances the hottest commodity of 2018 shows little sign of abating with more hedge funds seen doubling down on expectations for higher prices. Some 15 to 20 funds have begun or are considering multi-month or multi-year bets in Europe’s market for emission rights, according to Louis Redshaw, the former head of emissions at Barclays Plc who now advises investors including funds on the market. Buyers as far afield as the U.S. and India are getting into carbon.
Hedge Funds See More Juice in Carbon Market’s Two-Year Rally
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