They allow traders to package emissions permits
into complex financial products and sell them in bundles — much like they did with subprime mortgages.
Not exact matches
The majority of the trade is carried out not between polluting industries and factories covered by carbon trading schemes, but by banks and investors who profit from speculation on the carbon markets - packaging carbon credits
into increasingly
complex financial products similar to the «shadow finance» around sub-prime mortgages which triggered the recent economic crash.
Drawing on the experience and technical expertise of the AHV Associates
financial markets team, Therium is able to bring to bear unrivalled insight
into all forms of claims involving
complex financial products for corporate, institutional and private clients.