02664nam a2200337 a 4500001001200000003000800012006001900020007001500039008004100054010001700095020001800112020002700130040002100157035002100178050002400199082001800223100002300241245011900264260004800383300005100431504005100482520135300533533015201886650006002038650001802098650002102116655002902137710001702166856012602183999001702309ebr10558084CaPaEBRm        u        cr cn|||||||||111017s2012    njuacdf sb    001 0 eng d  z  2011043305  z9780470949733  z9781118216491 (e-book)  aCaPaEBRcCaPaEBR  a(OCoLC)80622103114aHG173b.S256 2012eb04a332.64/572231 aSandor, Richard L.10aGood derivativesh[electronic resource] :ba story of financial and environmental innovation /cRichard L. Sandor.  aHoboken, N.J. :bJohn Wiley & Sons,cc2012.  axxiv, 615 p., [8] p. of plates :bill., ports.  aIncludes bibliographical references and index.  a"Harnessing financial innovation to combat the world's environmental problems. In this book, Richard Sandor explains the process of creating new financial products and the equally important process of "pioneering" products to achieve widespread usage in the financial industry. Describing both his successes and failures, he offers unique insights into financial innovation, the globalized financial markets, and the bumpy road of the innovator. Sandor also discusses the vision behind the Chicago Climate Exchange and how he believes it will play a critical role in reducing the world output of greenhouse gases. In The Good Sorcerer, Sandor argues that market-based trading systems are a far more effective means of reducing pollutants than "command-and-control" dictates, and such trading systems can ultimately help find solutions to global water shortages, rainforest destruction, and endangered species. Author Richard Sandor "the father of financial futures" helped create catastrophe bonds. Proposes using market-based trading systems to solve burgeoning environmental risks. Contains a wealth of illustrative stories and lessons learned. Filled with provocative ideas, fascinating stories, and valuable lessons, The Good Sorcerer provides a snapshot of recent financial history and a vision of where we're headed"--cProvided by publisher.  aElectronic reproduction.bPalo Alto, Calif. :cebrary,d2011.nAvailable via World Wide Web.nAccess may be limited to ebrary affiliated libraries. 0aFinancial services industryxTechnological innovations. 0aNew products. 0aGreen marketing. 7aElectronic books.2local2 aebrary, Inc.40uhttp://site.ebrary.com/lib/rucke/Doc?id=10558084zAn electronic book accessible through the World Wide Web; click to view  c88371d88371