My favorite hedge.
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Voluntary offsets: šŖ¶ tiny, illiquid, no mandate. Compliance carbon: šļø state-issued, $78 B market, legally required. CANA brings the second category on-chain ā a new class of RWA with a built-in price floor and asymmetric upside. š± https://www.nukoud.com/climate-carbon/compliance-carbon-goes-on-chain-with-new-tradable-token/
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California Carbon Allowances are a $90bn market created by the state's Cap-and-Invest program Offering a rising floor price of CPI+5%, the program was just extended to 2045 in the past week $CANA, backed by CCA's, are not like the voluntary carbon offsets anywhere else in DeFi DeFi-compatible, huge potential upside, and available now on Ethereum
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