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(Bloomberg) -- The European Union’s carbon price gained nearly 150% last year to a record, and some hedge funds profiting from the surge say that level will be smashed in 2022.
Unlike some hedge fund managers, Corsair Capital founder Jay Petschek didn't plan on being a fund manager.
Environmental News For The Week Ending 09 May 2019 This is a collection of interesting news articles about the environment and related topics published last week. This is usually a Tuesday evening regular post at GEI (but can be posted at other times). Please share this article - Go to very top of page, right hand side, for social media buttons. Note: Because of the high volume of news regarding the coronavirus outbreak, that news has been published separately: Major coronavirus metrics continue to head lower in the US, and now also globally. New cases in the US during the week ending May 8...
(Bloomberg) — Andurand Capital Management is among hedge funds betting the price of carbon can only go up. Brussels is enacting plans to eliminate carbon emissions by the middle of the century in a massive shift in how the European Union powers its economy. Forcing up the bloc’s carbon price, one of the key tools of EU climate policy, may be crucial. The higher the price, the more incentive companies have to make the hard decisions needed to tackle global warming. We apologize, but this video has failed to load. Try refreshing your browser, or London Hedge Funds Are Betting a $100 Carbon...