How I Saw It

Analysis and Commentary on Environmental Finance (19992005)

From 1999 to 2005, Richard L Sandor wrote a monthly column for Environmental Finance magazine. The column was called "How I See It", and with this latest publication, Sandor has compiled all of his articles into one comprehensive historical analysis and commentary on the field of Environmental Finance.

How I Saw It offers a historical account of the development of the Chicago Climate Exchange (CCX) from the "father of carbon trading" himself, and also the developments in environmental markets over the years since the Kyoto Protocol in 1997. In his monthly contribution, Sandor makes predictions in his articles, and read for yourself to see if he has been on the right path (or not) all along.

Contents:

• Environmental Finance Introductory Remarks
• The Convergence of Environmental and Capital Markets
• Voluntary Carbon Deals Break Records
• Seeing the Wood for the Trees
• Trading While the Temperature Rises
• DaimlerChrysler, Ford Change Lanes
• The CDM: Opportunities and Challenges
• SO2 Market Exceeds Expectations
• US Carbon Trading Project Wins Funding
• The Case for a Simplified CDM
• The US and EU: Closer Than You Think
• CDM — Simplicity is the Key
• Dow Jones Sustainability Group Index: One Year On
• A Post-Hague Compromise on Reforestation
• California Utilities: The S&L Crisis Revisited
• The Case for Coal
• SO2 Auction Shows Power of Markets
• It Ain't Over Till It's Over'
• Corporate Giants to Aid Design of US Carbon Market
• And the Beat Goes On
• The Case for Plurilateral Environmental Markets
• DJSI World: Two Years On
• The Convergence of Environmental and Capital Markets: Another Step
• The DJSI — A Story of Financial Innovation
• Chicago Climate Exchange Progress Report
• Observations on Enron
• A Decade of SO2 Allowance Auctions
• The Road to Price Discovery
• Here Come the States
• Lies, Damned Lies and Statistics
• DJSI World Index — Three Years On
• NASD Agreement Boosts Chicago Climate Exchange
• How Emissions Can Make Wind Power Pay
• Markets Everywhere
• Chicago Shows the Way
• Institutional Innovation (Part I)
• The Power of an Idea
• Institutional Innovation (Part II)
• Flexibility is the Key
• Water Rights and Wrongs
• The CCX Auction: 20 Questions
• The Benefits of Corporate Sustainability and Responsibility
• Water — New Horizons for Markets
• "The British are Coming!"
• Industrial Policy Skews EU Allocation Plans
• SO2 Auctions — An Even Dozen
• Here Come the States II
• A Tale of Two Continents
• SO2 Emissions Allowances — Anatomy of a Mature Market
• Pricing Crude Oil Price Volatility: Can Markets Help?
• An Economist's Progress
• The Benefits of Corporate Sustainability
• CCX — The Year in Review
• Here Come the States III
• Talking About the Weather
• SO2 Prices — Where Do We Go from Here?
• Weathering the Crude Oil Crisis
• Trading Away Conflict
• Verifying Emissions — Lessons from the CCX
• Beyond Kyoto: Some Thoughts On the Past, Present, and Future
• What a Difference 10 Years Make

Readership: Readers interested in climate exchanges and carbon trading; investors, financial analysts, policymakers, undergraduates and postgraduates of finance and economics.