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Author Archives: Jim Kharouf

About Author

Kharouf is a Chicago-based freelance reporter and editor who was previously CEO and editor-in-chief of John Lothian News.

Five Minutes with Kristin Fox Standard

It may be high on many CTA’s New Year’s resolutions this year – do a better job of marketing. So it is worth speaking with someone who specializes in the field of communicating, Kristin Fox founder and principal of FoxInspires LLC. Launched in 2008, FoxInspires provides access to intelligence and information that helps investors and managers understand each other better. Prior to starting her firm, Fox worked as a journalist for more than 20 years and served as vice president of news and research, and executive editor for HedgeWorld. Before that, she worked at Crain’s Pensions & Investments and broke…

Sustaining Sustainability Standard

By Nelson A. Switzer As we watch some of the modern day’s corporate behemoths fall like domino’s, more and more corporations are searching for an answer to the question, “What are the issues of which we must stay abreast – and how far ahead do we as a management team need to look?” The answer to this question requires a fundamental shift to the front foot, but only if corporations first acknowledge the gap that exists in their management team’s ability to successfully manage the risks and opportunities of sustainability – environmental, social and economic sustainability. A recent white paper…

True Science Standard

I’ve had some interesting, and some uninteresting debates about climate change/global warming with readers, friends and others over the years. Some are stone cold deniers. Some, like one of EMN’s subscribers, is a skeptic who says he doesn’t know exactly who or what to believe, but that he just isn’t convinced. At the end of the day, this debate is being held in the public and political courts – to convince us that it is or isn’t happening “beyond a reasonable doubt.” Just last month, Hal Lewis, a distinguished professor of physics at the University of California, Santa Barbara resigned…

Making Sense of Mid-terms Standard

With Tuesday’s U.S. mid-term elections drawing close and tight races still being duked out in several states, a New York Times tally is showing 46 solid and continuing Democratic Senate seats and 35 solid and continuing seats to the Republicans. That leaves 19 seats in play, most in coal and oil states or other pockets of the country not warming to the various incarnations of cap-and-trade legislation forwarded in the recent past. For the first time in nearly a decade, not one Republican running for the Senate supports proposals to limit carbon emissions and trade pollution rights, the Los Angeles…

Darkest before the… Standard

By Jim Kharouf One takeaway from the Carbon TradEx America Conference this week is that this market has likely hit its low point in the U.S. When we look back at things a year or two from now, market participants might say, “remember when?” Remember when we met in Chicago and experts in this industry were saying that there is not a single piece of moving legislation that will bring carbon, SO2, NOx or even renewable energy credits markets forward on a national level. Uncertainty was at its height.Remember when executives from the United Nations and European markets told the…

Brain Drain? Standard

Brain drain? One of the dangers I see with the departure of DiPerna and other carbon cap-and-trade proponents, is a knowledge-base that is essential for these markets. While it is understandable, given the political wilt in Washington, a market-based solution needs to remain a viable option. Just this week, there are stories reflecting a serious ebb among pro-market advocates in Washington. Politico quoted an unnamed lobbyist this week as saying “The era of the big bill I think is over.” The article, “Deep freeze ahead for carbon cap bills” also quoted Sierra Club’s executive director Michael Brune as saying “We…

The Evolution of Carbon Accounting Standard

By Uday Baral, principal Pioneer Solutions LLC In the past, the objective of carbon accounting has been geared towards one of two things: being eco-friendly and environmental compliance. Today, the facts are that environmental compliance is expected, and publishing a carbon footprint is meaningless without an active plan to manage and reduce that footprint. What then is the objective of carbon accounting, both now and in the future?Companies now realize that carbon accounting can be used to improve organizational efficiencies and reduce risks. That means a better and more predictable bottom line. Decision-makers realize that environmental risk is now a…

Five Minutes with John Streich Standard

John Streich

John Streich is president and chief executive officer Penson GHCO, a post he was hired to in January. He was previously a member of the firm’s senior management team and built the trading firms First Capitol Ag and Efutures.com. Jim Kharouf, editor-in-chief of JLN, spoke with him about his start, his plans for Penson GHCO and where the FCM business is heading. Q: How did you get started in the business? A: I started in 1983 as a runner at the Chicago Board of Trade. From there I went on to broker upstairs. And in 1989, I moved out of…

Are SO2 markets doomed? Standard

Interview with Gary Hart, a market analyst for ICAP EnergyGary Hart is one of the most knowledgeable people on U.S. emissions markets as an analyst with ICAP Energy since 2006 and in 28 years with Southern Company, where he served as manager of emissions trading.  With the US EPA’s replacement of the Clean Air Interstate Rule with the so-called “transport rule” or TR last week, EMN editor Jim Kharouf spoke with him about what it means for emissions trading and utilities.Q: The new EPA rules on air transport call for major reductions in SO2 and NOx from utilities. But why…