NIBA NYC Conference: Macroeconomists Markets in a Natavist World

CARBON HUNTERS: Breaking the Mold

Written by Richard L. Sandor, Ph.D and Paula DiPerna Breaking the mold is the essence of innovation, as NIBA readers know well, and innovation is a journey that can lead just about anywhere. So we learned when we teamed up to launch the world’s first cap-and-trade system and transparent public exchange to address climate change, the Chicago Climate Exchange (CCX), and this is the story we tell in our new book, CARBON HUNTERS: Reflections and Forecasts on Climate Markets in the 21st Century (World Scientific Press). First individually and then as a team, our CCX journey led from Berkeley to Brazil, Chicago, and The Hague and Washington, D.C. from Beijing to Shanghai to Hong Kong, New Delhi to Bombay, and...