John Kerry takes the climate change fight to Wall Street
The Boston Globe — Kerry has become an investor in and adviser to the KraneShares Global Carbon ETF (Ticker: KRBN) launched over the summer on the New York Stock Exchange that is attempting to set a global price for carbon emissions. Economists have long believed that if the actual cost of pollution can be established, it will incentivize the market to manage climate risk and fund innovation to reduce global warming.
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