Ex-Enron trader discovers greed is good — for the environment
Founder and CIO of hedge fund Northlander Commodity Advisors Ulf Ek argues greed can be a wonderful thing when it works for the benefit of the environment. The long-term energy trader started a new fund this year — the Northlander Environmental Fund — that will focus exclusively on the rise of carbon prices.
By Will Mathis / BLOOMBERG
Anytime Ulf Ek needs to think, he goes for a walk in London's Richmond Park with Dollar, a Maltese-Yorkie mix. The 2,500-acre expanse of fields, forest, and deer herds about 12 miles southwest of the financial district has long been a bucolic respite from urban life.
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