Trading Away Conflict

Richard L. Sandor

Chapter 58 in How I Saw It:Analysis and Commentary on Environmental Finance (1999–2005), 2017, pp 244-247 from World Scientific Publishing Co. Pte. Ltd.

Abstract: There are no heads of governments peaking or even attending. There are no vistas of mountains with snow-covered trees. Why should we even compare it to the beautiful Swiss city of Davos and the annual meeting of theWorld Economic Forum (WEF) that takes place there? The Milken Institute Global Conference takes place in the fashionable community of Beverly Hills, California, but it does have some important similarities to the WEF meeting. This year it attracted more than 2,300 people. Panelists included seven Nobel Prize winners, as well as such notable individuals as former US vice president Al Gore, General Wesley Clark, and News Corp CEO Rupert Murdoch. It appeared to me that institutional investors controlling at least $2 trillion were there…

Keywords: Environment; Emissions; Trading; Finance; Derivatives; Water; Energy; Carbon; Catastrophe; Weather; Sustainability; Fisheries; Greenhouse Gases; Sulfur Dioxide; Acid Rain (search for similar items in EconPapers)
JEL-codes: Q50 (search for similar items in EconPapers)
Date: 2017
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