Customer Reviews

Carbon Finance: The Financial Implications of Climate Change (Wiley Finance)

5 star:		(2)
4 star:		(1)
3 star:		(2)
2 star:		(0)
1 star:		(0)

 

 

This is a good book if you want to have an overall picture on the Carbon markets. The book provides summary of how the carbon markets were formed, why and how. However, do not expect to find any finance related chapters in the book, such as an in depth description of how instruments are structured, or on how to implement carbon instruments in actual projects. However, this book is excellent as an introduction, and is a must read before going on to more complicated text. My only problem with the book was its title, which gave me the impression that the book will be much more concentrated on the "financial" part of carbon trading.

As other fellow reviewed, it is an introductory book for the subject, not a book for finance analyses. I am still looking for a carbon finance book.

Muy buen libro, vale la pena leerlo aunque recomiendo para los principiantes comenzar con uno más sencillo.

Really enjoyed the book. Was interesting, well composed, and was a useful source in gaining a comprehensive understanding of complex environmental finance mechanisms.

I would definitely recommend it !!!!

The book is an acknowledgement of how environmental concerns, and specifically global warming, are approaching mainstream. Labatt and White give a sober summary of various types of energy sources, nonrenewable and renewable. With the pros and cons of each.

Aside from these energy sources, they also discuss how to perhaps sequester carbon. That is, remove what is usually carbon dioxide emissions from the environment. One promising idea is to inject it into deep oil and gas fields. In part, this is helped by the fact that it is already being done. Albeit to improve extraction of the oil and gas.

The text also explains how aviation is a huge source of CO2 emissions. Something not originally considered significant, just a few years ago.

The book also goes into ways to do emissions trading. Big problems still exist, including verification of emissions. There is no mention of some pioneering work in the early 90s in Southern California, with the Air Quality Management District, and an exchange called Buenos Aires [sic].

Various trading mechanisms have started up. But nothing yet with a large global scope.