首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Seeking to match a desire to make money with his environmental instincts, Louis Redshaw, a former electricity trader, met with f
Seeking to match a desire to make money with his environmental instincts, Louis Redshaw, a former electricity trader, met with f
admin
2018-06-06
30
问题
Seeking to match a desire to make money with his environmental instincts, Louis Redshaw, a former electricity trader, met with five top investment banks to propose trading carbon dioxide. Only one, Barclays Capital, was interested in his proposition.
Three years later, the situation has turned around entirely, and carbon experts like Redshaw, 34, are among the rising stars in the City of London financial district. Managing emissions is one of the fastest-growing segments in financial services, and companies are scrambling for talent. Their goal: a slice of a market now worth about $30 billion, but which could grow to $1 trillion within a decade.
If greed is suddenly good for the environment, then the seedbed for this vast new financial experiment is London. A report released Tuesday by International Financial Services London, a company promoting British-based financial services, said that British companies were the leading global investors in carbon projects and that more carbon was traded in London than in any other city.
The rapid emergence of carbon finance in London—not only trading carbon allowances but investments in projects that help to generate additional credits—is largely the result of a decision by European governments to start capping amounts that industries emit.
Factories and plants that pollute too much are required to buy more allowances: those that become more efficient can sell allowances they no longer need at a profit. The system, started in 2005, is part of the Kyoto Protocol and bears the grant of the United Nations. Even so, doubts remain as to whether carbon finance can deliver tangible emissions reductions, let alone the huge economic transformation needed to tackle climate change.
For now, however, green-minded graduates and an eclectic range of professionals from banks, consulting companies and aid organizations are eagerly joining one of the most vibrant new sectors in London finance.
To be sure, carbon traders and investors do not yet make the same staggering amounts of money as some of their counterparts in foreign exchange and corporate finance. But remuneration is rising rapidly. A successful financier at Climate Change Capital, which manages a fund worth $1.25 billion to invest in credit-generating projects, might in a very good year take home as much as 10 times the basic salary.
But the industry has run into criticism. One reason is that European governments handed out too many free allowances in preparing for the start of the program, rendering the system less effective than was hoped. The over-allocation fueled volatility, and some traders reaped fatter-than-expected profits.
Controversy has also dogged some of the projects promoted by the financiers to generate new credits.
But overall, prospects for the industry are good, especially if the United States joins Europe in establishing a trading system, said Imtiaz Ahmad, 34, senior carbon trader for Morgan Stanley in London.
Human activities create about 38 billion tons of carbon dioxide each year, and governments regulate only a fraction of that amount. But if more governments decide to cut billions more tons of emissions, as leaders of industrialized nations discussed this month in Germany, and if the existing system in Europe is enlarged to cover transportation, there will be many more credits available—and a lot more finance and trading.
According to the passage, which one of the following is true?
选项
A、Factories and plants that pollute too much should be punished.
B、Companies efficient in emission control can sell additional allowance to others at a profit.
C、Carbon finance contributes to the reduction of gas emission.
D、As a new industry, carbon finance does not draw much attention from the society.
答案
B
解析
转载请注明原文地址:https://jikaoti.com/ti/MZCYFFFM
本试题收录于:
NAETI中级口译笔试题库外语翻译证书(NAETI)分类
0
NAETI中级口译笔试
外语翻译证书(NAETI)
相关试题推荐
Itwasherviewthatthecountry’sproblemshadbeenexacerbatedbyforeignaid,soaskingforsuchassistancewouldbecounterp
Someentrepreneursperceivethemselvespossessedofan______powertochoosesafepartnersintheir"goingglobal"projects.
He______hissmallshopintoasupermarketempireandbecameacelebratedentrepreneuroftheworld.
Thecompanysponsorsanessaycompetitionthatstudentssubmitpapers,apanelofhistorianswilljudgethemonthebasisofsty
Declininghouseprices,risingjoblayoffs,skyrocketingoilcostsandamajorcreditcrunchhavebroughtconsumerconfidenceto
Thistextistightlystructuredaroundthemainthemeofresearchassessment,scaffoldedwithaclearintroductionandusefulco
Theyaregenerallyseenasanti-competitiveandnecessitatinglegislationtoproscribethem,sincetheyalmostinvariablycreate
Youwillfindoutaboutthesethingsastimegoeson.Experiencewillshowyouhowtoreadjustyourstrategytogetyourselfbac
After1970,thiscountry’seducationcametoturntoanewwayof______allforeignmodesandaverttomainlandtradition.
古镇朱家角位于上海西南郊青浦区,距市中心50千米。
随机试题
索引非顺序文件是指()
曹女士,28岁,停经3个月,不规则阴道流血10天,伴有水泡状组织排出,近日有恶心、频吐,宫底高度平脐,未闻及胎心,可能性最大的疾病是()
40岁妇女,人工流产术后10年未孕,近3年来,月经量多。经期腰腹坠痛加重,妇查:子宫鹅卵大,球形,硬,附件正常,首选诊断是
引起继发性再生障碍性贫血最常见的病因是
A.硬肿症患儿体温过低B.硬肿症患儿营养失调C.硬肿症患儿有感染的危险D.硬肿症患儿有潜在的并发症:肺出血E.硬肿症患儿家长知识缺乏与免疫功能低下有关的是()
商用房地产同时也是收益性或投资性房地产,购买商用房地产属于开发投资行为。
关于留置的说法,正确的是()。
甲公司签发的支票上,中文大写记载的金额为“壹万玖仟捌佰元整”,而阿拉伯数字(数码)记载的金额为“19810元”。根据票据法律制度的规定,下列关于该支票效力的表述中,正确的是()。
另一方面,人们越来越意识到,文化的发展不只是手段,更是目的。1995年世界文化与发展委员会“我们的创造的多样性”报告认为,脱离人或文化背景的发展是一种没有灵魂的发展,发展不仅包括得到商品和服务,而且还包括过上充实、满意、有价值和值得珍惜的共同生活,使整个人
下列叙述中正确的是
最新回复
(
0
)