![]() “By mid-century, we need to remove 10 billion tons of CO 2, if everything else goes well. “It’s relatively simple climate math,” Wurzbacher explained on a video call from Zurich, Switzerland, where Climeworks is based. Without enough cuts, the need for carbon removal could be even higher. That number is a best-case scenario, assuming that aggressive cuts in emissions are achieved through other means. To meet that goal, the United Nations has estimated that 10 billion tons of carbon dioxide will need to be removed from the atmosphere annually by 2050. Carbon removal, by math and magicīy “Paris” targets, Wurzbacher was referring to the global goal of limiting emissions to two degrees Celsius (or ideally 1.5 degrees), established under the 2015 Paris Agreement. “The combination of direct air capture and storage is very likely what the world will need at a massive scale if we want to be compliant with Paris climate targets,” said Jan Wurzbacher, the CEO and co-founder of Climeworks. Vacuuming up carbon dioxide was once considered a last resort, but it’s looking like we’re headed toward a future where last resorts are a must-have. Though the plant has only been operational since September, its air-straining technology, known as direct air capture, has been a point of contention among environmentalists for much longer. They fit right into an already larger-than-life Icelandic landscape, where the wind blows fierce even on a rare day when sunlight gleams off the icy mountaintops. Orca’s carbon-capturing devices resemble giant transistor radios. ![]() But in Hellisheidi, Iceland, a geothermally active plateau just outside of Reykjavik, a new technology is taking a small but mighty step toward fixing it.Ī plant called Orca, built by Climeworks, is the first-ever facility where CO 2 is being filtered directly from the air and stored permanently underground. The Strategy Shares are distributed by Foreside Fund Services, LLC, which is not affiliated with Rational Advisors, Inc., or any of its affiliates.The air we breathe has a carbon problem. Brokerage commissions will reduce returns. Increased portfolio turnover causes the Fund to incur higher brokerage costs, which may adversely affect the Fund's performance and may produce increased taxable distributions. Turnover Risk The Fund may have a high turnover of the securities held in its portfolio. New Fund Risk The Fund is a new fund with no history of operations for investors to evaluate. securities because, among other things, they involve risks relating to political, social and economic developments abroad, including economic sanctions, as well as risks resulting from differences between the regulations and reporting standards and practices to which U.S. Investments in foreign securities tend to be more volatile and less liquid than investments in U.S. Emerging market countries may have relatively unstable governments, weaker economies, and less-developed legal systems with fewer security holder rights. The Fund’s relative investment performance may also be negatively affected if such sectors or investments are out of favor with the market. The Fund’s focus on securities of issuers that seek prevent or mitigate the deleterious effects of climate change may affect the Fund’s exposure to certain sectors or types of investments. Shares of these ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There is no guarantee that this, or any investment strategy, will succeed. Investing involves risk, including loss of principal. Information about these and other important subjects is in the fund’s prospectus or summary prospectus, which you should read carefully before investing. You should consider the fund’s investment objectives, risks, charges, and expenses carefully before you invest. Securities and is not soliciting an offer to buy these securities in any state where theįor more complete information on Strategy Shares, download and view a prospectus or summary prospectus now or call (855) 477-3837 for a free prospectus or summary prospectus. This communication is not an offer to sell these Not sell these securities until the registration statement filed with the Securities andĮxchange Commission is effective. The information in this communication is not complete and may be changed.
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