ICFAI UNIVERSITY PRESS Weather, Energy And Environment Hedging: An Introduction

By Amandio F C Da Silva.

ICFAI UNIVERSITY PRESS Weather, Energy And Environment Hedging: An Introduction

Description

Book Summary of Weather, Energy And Environmental Hedging : An Introduction The burning of fossil fuels for energy has resulted in erratic weather conditions, known as the greenhouse effect. While the world is yet to find other cheap sources of energy, burning of fossil fuels is inevitable. The fast depletion of fossil fuels is resulting in sky rocketing prices. While man cannot control the weather, he has come out with an innovative way of ensuring that related trades and industries do not get affected if it becomes erratic. This is done through weather derivatives, an innovative instrumen...

ISBN(s)

8131407373, 9788131407370

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