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Richard L. Sandor is chairman and CEO of the Chicago Climate Exchange, a self-regulatory exchange that administers the world's first and North America's only multi-national and multi-sector marketplace for reducing and trading greenhouse gas emissions. Dr. Sandor is also a research professor at the Kellogg Graduate School of Management at Northwestern University. While on sabbatical from the University of California, Berkeley in the early 1970s he served as Vice President and chief economist of the Chicago Board of Trade. It was at that time that he earned the reputation as the principal architect of the interest-rate futures market. Richard L. Sandor was honored by the City of Chicago and the Chicago Board of Trade for his contribution to the creation of financial futures and his universal recognition as the "father of financial futures". In August 2002 Dr. Sandor was chosen by Time magazine as one of its "Heroes for the Planet" for his work as the founder of the Chicago Climate Exchange. In November 2004, Dr. Sandor was the recipient of an honorary degree of Doctor of Science, honoris causa, by the Swiss Federal Institute of Technology (ETH) of Zurich, Switzerland for his pioneer work in the design and implementation of innovative and flexible market-based mechanisms to address environmental concerns. In May 2005, Dr. Sandor was named by "Treasury and Risk Management" magazine as one of the "100 Most Influential People in Finance". Dr. Sandor received his Bachelor of Arts degree from the City University of New York, Brooklyn College, and holds a Ph.D. in Economics from the University of Minnesota.
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The Convergence of Environmental and Capital Markets
Richard L. Sandor, PhD
Chicago Climate Exchange
Tuesday, April 11, 2006
12:15am - 1:30pm
Mississippi Room
Coffman Memorial Union
Dr. Sandor is Chairman and Chief Executive Officer of Chicago Climate Exchange, Inc., a self-regulatory exchange that administers a voluntary greenhouse gas reduction and trading program for North America. Most recently, he has designed revolutionary market mechanisms for market-based environmental protection programs. In his lecture, he will discuss the development of market-based mechanisms to address global climate changes, with special emphasis on emissions trading.
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