Stories by Andy Stevenson
Climate Bill Would Close Many Loopholes Used by Energy Speculators
Under the newly formalized ACES bill, Congress would establish uniform position limits, reporting requirements, and oversight in the oil, natural gas, coal, and electricity markets.
Rep. Joe Barton’s Lack of Familiarity with Climate Bill Breeds Contempt
A plan, that in simplest terms would INCREASE our carbon pollution, reduce our energy security, and do nothing to help re-power the American economy.
Author Profile:
Andy Stevenson
Website: http://switchboard.nrdc.org/blogs/astevenson
Profile: Andy Stevenson is a Finance Advisor in the Center for Market Innovation at the NRDC in New York City, and a former hedge fund manager for two multi-billion dollar funds focused on investment opportunities in Asia and the US. Read Andy's blog at NRDC's Switchboard.
Prior to that I was employed by a series of investment banks in London and Tokyo over a period of 14 years as a Japan specialist focused on risk arbitrage opportunities in the Japanese bond market.
My experience as an investor and frequent visitor to the halls of the Japanese Treasury during Japan’s “lost decade” has given me the rather dubious distinction of someone who has seen much of our current credit crisis before. Hopefully what I am writing about will be seen in that light as I try to make the case that the US needs a well directed recovery strategy in order to avoid the hard lessons learned by Japan from their 13 year recession.
I joined NRDC in Feb of 2008 as a Finance Advisor in the Center for Market Innovation as a way to become more involved in providing financial solutions to our climate problems. I am currently active in helping inform the debate surrounding cap and invest legislation with particular focus given to financial incentives to deploy CCS, auto re-tooling, industrial efficiency, and energy efficiency solutions to scale. I currently live in Darien, CT with my wife Pam and three kids, Joshua, Cole, and Luke.
Roots in: Birmingham Michigan
Favorite place: Coast Mountains British Columbia
Why "environmentalism" matters: The demands on the planet are unsustainable, and without a change in behavior we will be looking at a pretty grim future.
