Energy & Environment: Markey Wants Answers on Rare Earths
• Rep. Edward Markey, D-Mass., "is pressing the Obama administration for information about alleged Chinese restrictions on the export of rare earth minerals used in defense and energy technologies, warning of threats to U.S. interests," The Hill reports.
• "Three months after BP capped its runaway well in the Gulf of Mexico, the state of Louisiana is still building a chain of sand berms off its coast to block and capture oil even as federal officials and many scientists argue that the effort will prove pointless," the New York Times reports.
• An Idaho couple has "sued the state to stop the shipments by Imperial Oil and ConocoPhillips" to an oil sands site in Canada, "arguing that the" truck loads delivered there "would threaten the integrity of Idaho's historic portion of U.S. 12, as well as the safety of communities that depend on it as the main road in and out of the area," the Times also reports. "National environmental groups and climate change activists are supporting their efforts, seeing a broader opportunity to stall development of Canada's oil sands, which they denounce as a dirty source of energy. "
• "Combating climate change has long taken a back seat to coal production in West Virginia, but in the hard-fought House race in this state's 1st district, global warming hasn't even made it onto the bus," The Hill reports. "In interviews on Thursday, both the Democratic and Republican nominees for Congress voiced skepticism of the science behind global warming, and the Republican, David McKinley, flatly called concerns about climate change 'an attack on coal.'"
Jon A. Anda
Biography provided by participant
In early 2007, Jon left his position as a Vice Chairman of Morgan Stanley to apply his financial experience to the challenge of enviromental markets. He has worked closely with the Environmental Defense Fund (President of the Environmental Markets Network through 2008) and Duke University's Nicholas Institute for Environmental Policy (Visiting Fellow through early 2010). In addition to Congressional testimony on carbon market structure, Jon co-authored a published paper on real options to assess climate policy stringency, a primer on carbon markets, a paper on warrants for cost containment, and spoken widely to corporations, exchanges, and policymakers about issues relating to carbon as a financial market.
During his 20-year career at Morgan Stanley, he led a number of business units including Global Capital Markets, Corporate Finance, Equity Capital Markets, Investment Banking Asia, and Institutional Equities Asia. After joining the firm in 1986, he was named Managing Director in 1992 while serving as a generalist investment banker in the Firm's Chicago office. Jon has worked with a wide range of clients including GE, Google, The Peoples Republic of China, and The Chicago Mercantile Exchange.
Jon graduated from the University of Illinois in 1979 and received his MBA from Northwestern University's Kellogg School of Management in 1980. After business school, Jon worked in Project Finance at Continental Illinois National Bank where he financed alternative energy projects during the last energy boom. He remains motivated by the valuable technology we might have today if oil prices hadn't plummeted by the mid-80's.
Jon is a member of the Board of Trustees of the Asia Society, where he founded the Initiative for U.S. - China Cooperation on Energy and Climate and is now developing a similar project for India. He is married with 4 children and lives in Wilton, Connecticut (in a foam insulated and geothermal heated and cooled home). He enjoys the outdoors on a road bike or snow skis as often as possible.