The IIGCC (Institutional Investors Group on Climate Change), a coalition of more than 250 pension funds and investment managers representing assets of €33tn, recently announced...
Author archive for: EPT Global
What did our battered old planet do to bring this run of wretchedly bad luck? Just before the 2008 Wall Street disaster, Washington was about to force emitters to pay for the privilege of dumping carbon waste in the upper atmosphere. Congress approved a cap and trade scheme so its economy could trade its way to a low carbon future. In a similar spirit the Rudd government was legislating its own carbon trading model.