SO2 Auctions — An Even Dozen

Richard L. Sandor

Chapter 46 in How I Saw It:Analysis and Commentary on Environmental Finance (1999–2005), 2017, pp 190-193 from World Scientific Publishing Co. Pte. Ltd.

Abstract: For the past 11 years, it has been one of the most highly reported events in emissions markets. In the early days, nay-sayers and protesters were rife. This writer had the privilege of being actively involved in the first sulfur dioxide (SO2) auction in his role as chairman of the clean air committee at the Chicago Board of Trade (CBOT) and witnessed numerous headlines referring to “smut traders” and picketers outside the CBOT building with banners that read “trading pollution is not the solution”…

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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