To tree or not to tree
IBKR senior market analyst Steven Levine provides a brief look at recent efforts by Corporate America to combat global climate change with reforestation projects.
What’s more, investors in the forest products and paper industry seem to be benefiting from the heightened focus on tree-related initiatives.
Products manufactured from wood, such as building materials, are significant carbon stores, according to Levine.
The iShares Global Timber & Forestry ETF (WOOD), for example, has gained roughly 215% since hitting its all-time low in February 2009.
Photo Credit: Pictures of Money via Flickr Creative Commons
Source: https://investing.interactiveadvisors.com/2020/01/to-tree-or-not-to-tree
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