"Energy and Environmental Hedge Funds: The New Investment Paradigm is the first book to cover the universe of energy hedge funds by strategy. It discusses the significant opportunities not just in energy and energy-related commodities, but across the energy industry in general including equities, debt, assets, alternative energy, carbon and emissions trading, "green" plays, and arbitrage." "These authors cover important aspects such as the maturity of energy markets, how they are expected to develop in financial sophistication and size over the next three to five years, and the emergence of investible indices and ETFs. They look at what is really driving energy prices and volatilities and also focus on the next market opportunities for investors in green hedge funds and weather derivatives." "In this one book, the entire energy and environmental value chain is uncovered for investment opportunities."--Jacket.