Kraneshares Califrna Car Etf (KCCA) - Wednesday, Nov 15, 2023
SUMMARY
Key points (machine generated)
- The Krane Shares California Carbon Allowance Strategy ETF (KCCA) is recommended for investment due to increasing demand and shrinking supply of California Carbon Allowances (CCA).
- The demand for CCAs is growing as carbon emission restrictions in California become stricter, while the supply is decreasing due to a decreasing supply bank and auction schedule.
- CCAs have no substitutes, making it necessary for polluters to buy them to avoid fines if they cannot reduce carbon emissions.
This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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