This Fund Will Benefit From Climate-Change Regulations
Barron’s – The most effective way to control and reduce carbon emissions is to put a price on carbon. The $579 million KraneShares Global Carbon ETF (ticker: KRBN), which launched a year ago, holds the most-traded carbon-credits futures contracts on major markets in Europe and the U.S.. It currently reflects a weighted carbon price of $37 per ton of carbon dioxide. However, the prices are far below the level needed to accelerate a low-carbon transition fast enough. The Organization for Economic Cooperation and Development estimates that $147 per ton is needed by 2030 if the world hopes to reach net-zero carbon emissions by 2050.
For KRBN standard performance and top 10 holdings please click here. Past performance is no guarantee of future results. Diversification does not protect against market risk.