Examining The First Carbon Neutral Commodity Futures Index ETF (AMPD)

Looking toward 2030, U.S electricity general could be 85% renewable, notes Timothy Kramer on the electrification of America. he also highlights that America could be 100% carbon-free by 2035 and the White House goal is for 54% of all new cars to be electric by 2030. He analyzes the first-ever carbon neutral commodity futures index ETF (AMPD). He talks about how AMPD provides inflation mitigation, portfolio diversification, and ESG compliance. AMPD seeks to track the performance of the Ice U.S. Carbon Neutral Power Index (ICECNPIT) and is based on U.S. electricity and carbon allowance futures contracts. ICECNPIT and AMPD broadly represent total U.S. electricity consumption and associated U.S. power price. Tune in to find out more about the stock market today.