TITLE

Clear Skies

AUTHOR(S)
Green, Meg
PUB. DATE
March 2008
SOURCE
Best's Review;Mar2008, Vol. 108 Issue 11, p60
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on carbon credit trading which opens the door for new insurance and capital products. A total of 2.7 billion metric tons of carbon dioxide equivalent are traded over the year in 2006. The growth is due to the costs of reducing emissions of about $1 trillion by 2050. Insurers can play a role through the potential liabilities of carbon credits. Carbon credit delivery insurance helps address risks including technological performance, credit, political, and pricing risks.
ACCESSION #
31203384

 

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