Books on global warming and emissions trading are
multiplying. This one is perhaps the most accessible and offers the most
context for beginners. It coves the history, causes, science and
politics of global warming. It looks at international agreements, the
role of institutional investors and the function of emissions markets.
It is an easy read. Because it lacks technical depth, you may want to
follow-up with a book focused more specifically on emissions trading ...
Energy & Emissions Markets
Tom James and Peter Fusaro
2006
The oldest
emissions trading market is the United States SO2 market that has operated since
1995. It and the more recent NOX market have been hailed
as enormous successes. There are other emissions markets emerging in the
United States, but the big initiatives today are the markets developing
overseas in response to the Kyoto agreement. Futures are already traded
on emissions. Banks see potential in these markets and are actively
trading them ...
Read more
The Finance of Climate Change
Kenny Tang (ed.)
2005
Climate change is a
looming crisis. While politicians may dismiss the problem as suits their
own agendas, it is clearly showing up in extreme weather, melting polar
ice caps, and temperatures that are trending upwards. Insurance
companies are seeing it in increasing claims arising from weather
extremes. Scientific models predict the problem will accelerate, with
rising sea levels becoming a serious problem this century ...
Read more
A Guide to Emissions Trading
Risk Management and Business Implications
Cyriel de Jong and Kasper Walet (Eds.)
2004
The concept behind
emissions trading is simple. The ability of our planet to absorb
pollutants is limited. As with any scarce resource, the right to pollute
can be effectively distributed via a market. By implementing markets for
emissions rights, governments can directly impose on polluters the cost
of their pollution. This creates monetary incentives to reduce pollution
while ensuring ...
Read more
.gif)
.jpg)
.gif)
.gif)
