Li Meiying from 21st Century Business Herald wrote an excellent Chinese language summary of the lead-up to Cancun, cleverly titled 《坎昆角力》(the Cancun wrestle). Li talked to several of the major players in Beijing’s CDM business, and the result is an interesting potpourri of opinions.
I was talking about post 2012 uncertainty and the possibility to place bets, taking advantage of the Chinese floor price to get exclusive options at low prices.
另外，西克称，碳资产管理公司还可以预测气候谈判的结果、在风险可承受的范围内进行赌博，虽然风险大，但是盈利空间也很大。
I think Li misinterpreted the risk, since we’re talking about options, the only exposure of developers are registration costs.
Overall it’s a solid piece and I’m happy to see that Chinese mainstream media are building up capacity to cover climate change related topics.