Thursday, 23 October 2014
Last updated 1 hour ago
Feb 11 2009 | 6:52am ET
Allowances worth $118 billion for four billion tons of carbon emissions changed hands worldwide in 2008, according to investor information firm New Carbon Finance, an increase of 42% in the number of transactions over 2007.
Higher trade volumes and prices resulted in an 84% year-on-year increase in market value in 2008, according to the research firm, which analyzes the world’s carbon markets.
The European Union Allowance (EUA) market accounted for 70% of carbon emissions trading volume and 80% of value in 2008. One EUA permits the emission of one ton of carbon dioxide or an amount of any other greenhouse gas of equal global warming potential during a specified period.
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 ...