Climate risk
EU ETS risk and climate risk
Vertis has been active in carbon markets since 2001 – starting out as a developer of joint implementation projects, before entering into brokerage and dealing when the European Union Emissions Trading Scheme (EU ETS) was established in 2005. Vertis…
Managing risk in agricultural commodities
Agricultural commodities are rarely written about in the mainstream financial media, and often only hit the headlines when an extreme weather event or natural disaster affects supply and prices.
Looking back: El Niño boosts weather derivatives
Liquidity in the OTC weather derivatives market has suffered repeated false starts over the years, including one reported by Energy Risk in December 1997 with the onset of the El Niño weather pattern
Weather House of the Year: Swiss Re
Swiss Re has continued to innovate in weather risk management during the past year, playing a key role in a landmark hydropower transaction with the World Bank
EPA rules may create new opportunities for US carbon traders
The US government is planning to use the Environmental Protection Agency to combat climate change, in a move that could create new opportunities for carbon traders, according to lawyers and analysts. Alexander Osipovich reports
Energy companies increase weather hedging
As temperatures rise and extreme events grow more common, energy companies have stepped up their hedging of weather risk, according to market participants. Alexander Osipovich reports
Energy Risk USA: Storms, warm winter, fuel interest in weather derivatives
The extreme weather that hit North America recently has spurred interest in tools designed to hedge weather risk, according to participants speaking at Energy Risk USA
New US EPA rules seek to dethrone old King Coal
Regulators are turning up the heat on US utilities with a pair of tough new air-quality rules likely to hasten the demise of older coal-fired plants. Alexander Osipovich examines the implications
Carbon tax here to stay: Alberta energy minister
Alberta, Canada, home to the world’s third largest oil reserves, will await further federal government moves before upping its own emissions limits or developing a carbon cap-and-trade scheme
Weather risk: gauging the exposure
There is now an array of instruments available to hedge weather exposure, but evaluating that exposure is far harder than quantifying standard exposures such as commodity price risk. Garth Renne and Shaun Hatch discuss approaches to analysing wind and…
What lies ahead for weather risk management?
While products and participation continue to evolve, more education will be crucial to boosting weather derivatives use, experts say. Pauline McCallion speaks to market participants about how to continue the market’s evolution
As US hurricane activity falls, Asian weather risk rises
US weather conditions are purported to become more neutral this year, but forecasters are already looking to Asia as a potential risk management growth area. Pauline McCallion reports
Incentivising CDM private sector investment
The Clean Development Mechanism plays a pivotal role in emissions reduction by incentivising investment in developing nations. Much effort has been put into CDM project development, but more should be done to generate additional demand for CDM…
US renewable energy: A carrot and stick approach
Pauline McCallion examines current risks surrounding the development of renewable energy resources in the US
Australia floods and weather forecast herald trouble for coal markets
The World Meteorological Organization’s announcement that the La Niña weather pattern will continue into the second quarter could be bad news for the coal markets, finds Alex Davis
Turning Points: Yvo de Boer, special global advisor for climate change and sustainability at KPMG
With Phase III of the Kyoto Protocol starting in 2013, Lianna Brinded talks to former UNFCCC head Yvo de Boer about what led him to be a figurehead for the climate change sector
Ex-UNFCCC chief: no legally binding agreement at Cop16
Yvo De Boer, previous executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC) says that there will be no legally binding agreement drawn out at COP16
UK wants to be global hub for green finance
The UK is hoping to re-fire momentum for international climate change agreements at Cancun to help it become the global centre for green finance
Q&A: Shell Gas Direct’s Mike Hogg
With major industrial and commercial end users bearing the brunt of global regulatory changes and more stringent carbon emissions requirements, Shell Gas Direct’s Mike Hogg speaks to Lianna Brinded how he sees the future and what companies can do to…
The slow growth of the carbon offsets market
Despite the integral role played by forests in efforts to combat global warming, the market for forest-based carbon offsets has been slow to develop. Katie Holliday talks to experts about how this landscape is now changing
Cautious outlook from oil experts at industry event
A sharp increase in oil demand from non-OECD countries will compensate for peaking demand in OECD area
Lynda Clemmons: weather derivatives will benefit from regulation changes
The former Enron derivatives pioneer believes forcing trades on exchanges will benefit niche players and smaller companies