Environment-Renewables
Money for old smoke
Despite the lack of mandatory, standardised carbon trading in Asia, interest is growing fast. And several trading initiatives are under way, finds Joe Marsh
Mercury rising
US states fear a federal cap and trade programme intended to reduce mercury emissions will lead to mercury hot spots, along with the forced closure of plants within states that don't enter the scheme. Catherine Lacoursiere investigates
Petter Kapstad, head of risk management, Statoil
Petter Kapstad is head of risk management at Statoil, Norway's largest oil company. In 1997, Kapstad helped to steer Statoil through the implementation of a groundbreaking enterprise-wide risk management (EWRM) programme
Jane McCarthy, manager of portfolio risk management BHP Billiton
Jane McCarthy is manager of portfolio risk management at BHP Billiton. She is responsible for quantitative portfolio modelling and risk analysis, including regular reporting to the board and financial risk management committee
Weathering power's demand
Using temperature forecasts to predict power demand has some major pitfalls. Here Martin Fischer and Michael Grossman suggest ways to glean more from forecasted temperature data
Jaime Roman, risk managing director, Endesa, Spain
Jaime Roman is chief financial officer and risk managing director at Spanish utility Endesa. Holding a PhD in Electrical Engineering, he was in academia before being approached to join Endesa in 1997
UK Energy Review
The UK government's July Energy Review was generally welcomed for its stance on renewables, nuclear and carbon, but many market participants had been hoping for greater clarity
Into the tempest
Natural catastrophe risk models suggest that insurers are significantly under-capitalised. Firms are tapping the capital markets for billions of dollars in additional reinsurance capacity, but it may not be enough to avoid damaging rating downgrades…
Taking exception
Value-at-risk
When Risks Collide
Operational-risk projects like Sarbanes-Oxley and Basel II compliance have more in common than many firms realize. Waters asks industry participants: Does it make sense to combine op-risk efforts?
The Waiting Game
With the Markets in Financial Instruments Directive deadline just 16 months away, Waters sits down with Chris Pickles, chair of the MiFID Joint Working Group and manager of industry relations at BT Radianz, to gauge the industry's state of preparedness.
Noble signs India emissions deal
Noble Carbon Credits, part of global supply chain manager Noble Group, has signed a series of long-term certified emission reduction (CER) contracts with India¹s Gujarat Fluorochemicals (GFL).
Commit to emit
Carbon Trading
Burying a problem
As North American power generators prepare for a carbon-constrained world, new coal plants are being built with the option of installing carbon capture and storage technology. And the economics could be about to improve, finds Catherine Lacoursiere
Ready to catch fire
Energy
Cash for old smoke
Carbon emissions
Called to account
Japan auditing
Defining security
Regulation