Being one of the first has allowed the company to become an early mover in the carbon credit space. Carbon Streaming Corporation (NETZ.NEO and OFSTF.OTC)Ĭarbon Streaming was one of the first publicly traded carbon stocks focused on offset credits. Let’s take a look at some carbon stocks in 2023 to put on your radar. For companies like these, carbon credits and offsets as well as sequestration and energy reduction play a key role in their plans. Tech giants Apple and Microsoft, for instance, are committing to net zero by 2030. But some have chosen much more aggressive targets.
Most companies are targeting zero net carbon emissions (“net zero”) by the year 2050. Here’s how carbon prices performed last year… Why Carbon Stocks?Ĭarbon stocks are an attractive option for investors looking to support the transition to a low-carbon economy and mitigate the effects of climate change.Ĭompanies from Amazon to Netflix and Xerox – and everyone in between – are releasing plans to disclose and reduce their carbon footprint.
With a softening of carbon prices across the board last year, however, some companies have retreated to interesting valuations. After a record-breaking price run in the compliance and voluntary markets in 2021, many carbon stocks reached large market caps.