Sustainable investing and environmental markets : opportunities in a new asset class / Richard Sandor [and three others] ; foreword by Amory B. Lovins.

Format:

Book

Author/Creator:

Sandor, Richard L.

Sandor, Richard L., author.

Lovins, Amory B., 1947- author of introduction, etc.

Language:

English

Subjects (All):

Investments--Environmental aspects.

Investments.

Investments--Moral and ethical aspects.

Clean energy investment.

Environmentalism--Economic aspects.

Environmentalism.

Sustainable development--Economic aspects.

Sustainable development.

Physical Description:

1 online resource (399 p.)

Place of Publication:

Singapore : World Scientific, 2015.

Language Note:

English

Summary:

Environmental asset classes are not a hope for tomorrow but a reality today. This new asset category promises to grow dramatically in the 21st Century as financial analysts, investors, and corporations around the world try to find ways to profit or reduce costs while promoting environmental social benefits. Sustainable Investing and Environmental Markets: Opportunities in a New Asset Class presents a groundbreaking new way to "do well and to do good". With a combination of over 50 years of practical experience in the field of environmental finance, Richard Sandor, Nathan Clark, Murali Kanakasa

Contents:

Foreword; Preface; Acknowledgments; TABLE OF CONTENTS; Chapter 1: A Brief Survey of Environmental Asset Classes; Emergence of the Environmental Asset Class; Environmental Asset Classes; Sulfur Dioxide and Nitrous Oxide Allowances; Carbon Dioxide Allowances; Renewable Energy and Energy-Efficiency Assets; Water Assets; Catastrophic and Weather Event Assets; Sustainability-Focused Portfolios; Conclusion; Chapter 2: Market Failures and Policy Responses; Externalities, Property Rights, and Market Imperfections; Solutions to Externalities; Evolution of Environmental Markets

The Seven-Stage Market Development ProcessExamples of the Seven-Stage Process; Early Applications of Market-Based Mechanisms to Environmental Problems; Appendix A. Cap-and-Trade; Chapter 3: Acid Rain Pollutants as an Asset Class; Causes of Acid Rain and Public Policy Responses; Results of the Public Policy Responses; Enabling and Implementing the Acid Rain Program; Price History of Acid Rain Program and Its Determinants; Initial Price Forecasts; Price Determinants in the Long-Term; Railroad deregulation and Powder River Basin coal; Scrubber technology and fuel mix

Productivity improvements in low-sulfur eastern coal miningBanking; Regulatory changes and legislative uncertainty; Price Determinants in the Short-Term; Seasonal weather patterns and natural disasters; Competing energy sources and fuel switching; Use of this Asset Class as a Financing Mechanism; Investment Opportunities in this Asset Class; Air Pollution Control; The Financial Sector; Conclusion; Chapter 4: Greenhouse Gas Pollutants as an Asset Class; Global Warming: Causes and Public Policy Responses; Results of the Public Policy Responses; The EU Emissions Trading Scheme

Implementation SchedulePhase I; Phase II; Phase III; Market size; Price History; Price Determinants; Technological Options; Fuel switching; Energy-efficiency; Other technological avenues; Regulatory Issues; Banking and borrowing provisions; Regulatory Uncertainty; Offset Potential; Carbon as Innovation Catalyst in Europe; Example 1. Fuel Switching in the Paper and Pulp Industry; Example 2. Carbon Dioxide Fertilization for Horticulture; Example 3. Use of Waste Heat for Energy; Investing in GHG as an Asset Class; Commodity Markets; Equity Vehicles; Exchange-Traded Funds and Notes

Clean Technology CompaniesClimate Funds; Listed Climate Companies; Listed Carbon Project Development Funds; Listed Exchanges; Conclusion; Appendix B. Standardizing Greenhouse Gas Emissions45; Chapter 5: Emerging Geographies for Greenhouse Gas Emissions Markets; Market Approaches to Mitigating Climate Change; North American GHG Emissions Markets; Compliance Mechanism; Flexibility Mechanism; Allocation of Allowances; Canadian Emission Markets; Alberta; Quebec; Emerging International Programs; China; India; South Korea; Australia; Brazil; Voluntary Carbon Markets; Conclusion

Chapter 6: Forest Carbon as an Asset Class

Notes:

Includes index.

Description based on print version record.

Includes bibliographical references and index.

ISBN:

981-4612-44-8