Are you prepared for the expansion of energy and environmental trading into the global financial markets? These growing markets are rife with trading and legal risks. This book, written for practitioners and laymen alike, will arm you with crucial knowledge about recent significant market, regulatory and legal developments. Ranging from the fallout from Enron's bankruptcy and the near demise of energy merchant trading to the expansion of energy and environmental trading (after legal and regulatory changes provided new opportunities along with new industry challenges), to the new contractual frameworks seeking to address issues such as climate change, this book's discussions of these new energy and environmental markets and their developing framework of corporate, regulatory, tax and financial law show history in the making. Leading legal and industry professionals share their knowledge, experience, and opinions, providing key insights into the future of the law and regulation of energy and environmental trading. These experts delve deeply into themes such as energy regulation, trading documentation, bankruptcy law, creditors rights, U.S. tax law and much, much more.

Green Trading markets are over ten years old, they encompass SO2, NOX, CO2 and renewable energy trading. Each of these markets is dynamic and is evolving to accommodate more participants and to increase the efficacy of measures to improve the environment.

Today, the carbon dioxide market is beginning to ramp up in Europe, the US, Canada, Japan, Australia as it emulates oil market development as a global carbon market. The EU Emissions Trading Scheme which began on January 1, 2005 coupled with the implementation of the Kyoto Protocol on February 16th have catalyzed development of global carbon markets including those in the US on both the Chicago Climate Exchange and on the larger Over-the-Counter financial markets.

Both due to technology changes and the demand for green power, the renewable energy credit market is accelerating in market developments. Their growth trajectory is quite extraordinary but what are renewable energy credits and how are they traded. This report lets you know.

Finally risk management software is needed to track and position keep deals in these emerging markets. We offer the first analysis of environmental risk management systems.

This report captures the best available information and analysis at this point in GreenTrading market development on April 5, 2005. It is intended as a sophisticated primer to get the reader up to speed quickly on what are carbon markets, what are SO2 and NOX and why are they important and what is renewable energy trading.

An energy investor of the 1970's or 1980's would hardly recognize the energy market of today. Global changes in regulatory structures, privatization efforts, and competitive market forces are engineering a variety of trading innovations. Multinational corporations are consolidating and and constructing new commodities and new markets for trading that are changing the shape of the energy industry. Veteran energy insider Peter Fusaro shows you how to negotiate this shifting terrain and participate in Energy Convergence: The Beginning of the Multi-Commodity Market. Assembing an all-star cast of contributors, Fusaro examines the new developments and their ramifications from every conceivable angle, providing the first comprehensive coverage of all the new markets. Topics addressed include: Weather Derivitives and reinsurance; the developement of bandwith market liquidity; new techniques in energy options; freight trading as an emerging commodity market; market risk in electic generation finance; energy risk management in the merger context; emerging financial markets for protecting the environment.

Energy Convergence identifies and addresses the key elements in the ongoing development and evolution of the energy trading markets. This book is an important addition to the literature on contemporary energy trading markets. It pulls together in one place thoughtful discussions about the way energy markets are converging from different starting points." ...A. S. Kramer, partner, McDermott, Will & Emery, author of Financial Products: Taxation, Regulation, and Design.

#8 Best Seller on New York Times paperback list.

What Went Wrong at Enron is the first comprehensive and clear explanation of what happened at Enron. Peter C. Fusaro and Ross M. Miller take you inside Enron and show you the who, why, what, where, and when of the sinking of this corporate Titanic. In an engaging style, they explain what happened and uncover the mistakes that led to Enron's fall-in a way that anyone can understand. What Went Wrong at Enron offers a fascinating backdrop to all the whistle-blowing, backstabbing, grandstanding, deception, posturing, and silence that has become the Enron story.

"The Enron story, for most of us, is a monster. Fusaro and Miller clarify what went wrong in a manner that allows anyone to get their arms around the beast quickly, without killing oneself."
-Bill Crawford, former Chicago Tribune financial writer and Pulitzer Prize winner

"The authors' sharp insights into Enron's self-destructive culture provide a clear road map into its massive failure."
-Peter Behr, Washington Post financial reporter

This book focuses on the latest developments in the Asia-Pacific community in terms of how deregulation and privatization are bringing more risk to energy companies.

Green Trading: Commercial Opportunities for the Environment originated from the Second Annual Green Trading Summit held on April 7 & 8, 2003. The book covers the convergence of environment and capital markets and offers new insights into carbon, renewable energy and energy efficiency (negawatt) trading written by leading practitioners in each of these fields.

This is the second in our series of books on Green Trading market evolution and is published by UK publisher Elsevier.

Written by best selling author Peter C. Fusaro and renowned energy market expert and commentator Tom James, this book demonstrates that the forces of energy and environmental issues and linked more than ever before. The beginning of European emissions and trading in 2005 and the implementation of the Kyoto protocol have accelerated efforts already underway in the US to use market forces to remediate environmental issues. Topics such as emissions trading, renewable energy trading, the fourth dimension in energy trading, and new outcomes on green project finance will be analyzed in this book.

As the world's energy markets continue to grow, there is a growing need for professional literature on the subject. Sustained higher energy prices are now driving investment interest at an unprecedented level into the energy sector and that is spilling over into the clean technology and environmental financial markets. Energy and Environmental Hedge Funds: The New Investment Paradigm is the first book to cover the universe of energy hedge funds by strategy and to discuss the significant opportunities that they are responding to, not just in energy and energy-related commodities, but across the energy industry in general including equities, debt, assets, alternative energy, carbon and emissions trading, 'green' plays, and arbitrage.