Comments Mentats has made
Economists vs Traders
My only (and secondary) concern with a trading scheme is that it must not be allowed to become just a huge global gaming table for traders. The dollar amounts that will be involved are so huge that every major financial house in the world will set up for carbon trading, and will of course hire the cleverest and most fiercely competitive traders they can find. How to prevent the gaming, which invariably disadvantages all but the traders??
Bill Mentats
On And if not, why not? posted 2 years, 6 months ago 20 ResponsesSea Change
I was in Houston a few weeks ago at the CERAWeek international conference (totally focused on large energy issues, with many energy CEOs attending). It was absolutely amazing to see the almost complete recognition of climate change as a now irrefutable issue that must be responsibly addressed by leaders of industry. Everyone had piled onto the bandwagon. I think this has everything to do with public interest, including children's, and potential consumer response to the crisis nature of the issue. I'm willing to give Rogers a chance to prove that he has changed his spots, knowing how difficult that is for any industry leader.On An interview with Duke Energy CEO Jim Rogers posted 2 years, 7 months ago 8 Responses