Reply by Viktor

”Ask yourself – would you invest in Carbon Credits in your 401K? It is a completly artifical currency based on policies regarding who has how much credits to sell to poluting industy.”

God forbid! I’d rather invest it in “all natural” collateral debt obligations or other ABS, which are incidentally the risk propagating financial chicanery of choice for pension funds and accounts and such including your 401K. Oh, wait a minute…
I could not care less about Carbon Credits, but in this day and age of fiat money, which by definition derive their value from regulations, all financial instruments are “artificial”.