Meteorologists believe the odds of El Niño -- the scenario in which surface temperatures rise in the Pacific Ocean, potentially creating large storms -- are increasing. A bright spot comes in the form of investment opportunity, including with exchange traded funds such as the KraneShares Global Carbon ETF (NYSE: KRBN). “Energy inflation could be boosted by low water levels in reservoirs, curtailing hydropower generation, adding to the strain on power supplies, and putting upward pressure on gas and coal prices.