Friday, 24 October 2014
Last updated 18 hours ago
Feb 4 2009 | 8:44am ET
The European Commission (EC) is calling for a global carbon trading market to help tackle climate change.
The commission says it want to link its Emissions Trading Scheme (ETS) to other carbon trading systems by 2015, and to include emerging economies by 2020.
The proposal will be discussed at a UN climate conference scheduled for Copenhagen in December. The commission sees the trading system as a successor to the 1997 Kyoto Protocol, which was not ratified by the world’s biggest per-capita polluter, the United States.
The EU’s ETS system for trading CO2 allowances, launched in 2005, covers heavy industry and large power plants and will gradually be expanded to cover more sectors.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...