Carbon Finance

Praise for Carbon Finance

"A timely, objective, and informative analysis of the financial
opportunities and challenges presented by climate change, including
a thorough description of adaptive measures and insurance products
for managing risk in a carbon constrained economy."

--James R. Evans, M. Eng. P. Geo. , Senior Manager,
Environmental Risk Management, RBC Financial Group

"Climate change will have enormous financial implications in the
years to come. How businesses and investors respond to the risks
and opportunities from this issue will have an enormous rippling
effect in the global economy. Sonia Labatt and Rodney White's
insights and thoughtful analysis should be read by all who want to
successfully navigate this global business issue."

--Andrea Moffat, Director, Corporate Programs, Ceres

"In Carbon Finance, Labatt and White present a clear and
accessible description of the climate change debate and the carbon
market that is developing. Climate change is becoming an important
factor for many financial sector participants. The authors
illustrate how challenges and opportunities will arise within the
carbon market for banking, insurance, and investment activities as
well as for the regulated and energy sector of the economy."

--Charles E. Kennedy, Director and Portfolio Manager,
MacDougall, MacDougall & MacTier Inc.

"Climate change is the greatest environmental challenge of our
generation. Its impact on the energy sector has implications for
productivity and competitiveness. At the same time, environmental
risk has emerged as a major challenge for corporations in the age
of full disclosure. Carbon Finance explains how these
disparate forces have spawned a range of financial products
designed to help manage the inherent risk. It is necessary reading
for corporate executives facing challenges that are unique in their
business experience."

--Skip Willis, Managing Director Canadian Operations, ICF
International

"In this timely publication, Labatt and White succeed in
communicating the workings of carbon markets, providing simple
examples and invaluable context to the new and changing mechanisms
that underpin our transformation to a carbon-constrained world.
Carbon Finance will be the definitive guide to this field
for years to come."

--Susan McGeachie, Director, Innovest Strategic Value
Advisors, Graduate Faculty Member, University of Toronto; and Jane
Ambachtsheer, Principal, Mercer Investment Consulting, Graduate
Faculty Member, University of Toronto