|
|
From Kirsten Bischoff, Opalesque New York: This week it was estimated that the Carbon markets have a chance to grow to $1tln in a decade (Source). Speaking with Peter Fusaro, Chariman of Global Change Associates and the best selling author of "What Went Wrong at Enron", in addition to 14 other books on energy and the environmental markets we learned that this estimate is perhaps vastly understated. Including cross commodity arbitrage the carbon markets could reach upwards of $3tln within the decade.
A quick glance at the past six months of media coverage in environmental investing and carbon markets is the quickest way to get a feel for what a tremendous period of growth this industry has seen. Spurred by the events in the energy industry this year we have seen asset managers, institutional investors, pensions and sovereign wealth funds all begin to allocate significant assets to this area. However, the surge extends beyond alternative energy sources such as wind and solar power and into other areas such as water, forestry, renewable energy and clean technology. Fusaro, who will be one of the panelists for "Green Trading & Carbon Finance" discussion at the September 2008 Global Alpha Forum (Source) is a consultant to hedge funds, investment banks, fam...................... To view our full article Click here
|
|
RSS
