Archive

  • Whither goes the weather market?

    01 October 2009

    The market for weather risk management products has been around for more than 11 years now, having survived the early decade implosion of the energy merchants that founded the market as well as the recent credit crisis and massive deleveraging that the financial markets have experienced over the past 18 months. I think it's safe to say that – barring draconian legislation out of Washington on financial market reform – weather risk management has established itself as a valuable proposition for companies and government entities around the world and is here to stay.

  • WRMA survey – the whole truth?

    01 October 2009

    Since 2001, the Weather Risk Management Association (WRMA) has conducted an annual survey of the weather market, asking its members to disclose, anonymously, what deals they've done both on the Chicago Mercantile Exchange (CME) and those negotiated privately over the counter (OTC).

  • Opening the time capsule

    01 October 2009

    Ten years ago in June, the International Emissions Trading Association was formed. Andrei Marcu, its former president, looks back over the decade that created the carbon market

  • Solid success – but a shaky future

    01 October 2009

    The use of cap-and-trade programmes to control acid rain and smog-forming emissions in the US has been a singular environmental and economic success, reports Daniel Chartier. But are they doomed?

  • CAIR – the Clean Air Interstate Rule

    01 October 2009

    In March 2005, the Environmental Protection Agency (EPA) promulgated the Clean Air Interstate Rule (CAIR) for the purpose of addressing the interstate transport of fine particulates and ozone within a 29-state region in the eastern US.

  • Taking stock of the technology

    01 October 2009

    Launched by the Impax Group in September 1999, the Environmental Technology 50 (ET50) index comprises the world's 50 largest pure-play environmental technology stocks.

  • What a difference 10 years make

    01 October 2009

    For five years, from 1999 to 2004, Richard Sandor wrote a monthly column in Environmental Finance – while spending his spare time building the world's predominant environmental exchange company. Here, he reviews its development and looks forward to the future of ­environmental markets

  • A market seizing up?

    01 October 2009

    CDM origination in Asia has recovered somewhat as carbon prices have recovered from their February nadir. But developers are battling against regulatory and ­market uncertainty – and time is against them. Joshua Speckman reports

  • After the landslide

    01 October 2009

    Japan's recent change of government brought promise of a revolution in its climate policy, including a cap-and-trade programme. But, as Joshua Speckman reports, the new administration faces an uphill battle

  • Clean energy yes, carbon maybe

    01 October 2009

    Australia has aggressively moved forward on ­renewables legislation, but its carbon trading scheme hangs in the balance, says Matthew Warren