![]() Many items are missing manuals, cables, remotes, accessories, original packaging, etc so it is important that you understand what is included in the auction. Only the items described in the auction are included. All items are available for inspection at our Lake Forest, IL. We strive to provide accurate descriptions and photos. Items are used and have varying degrees of wear and tear. ![]() Condition and completeness: All items are offered"as is" Unless noted. Your complete satisfaction is our goal and is backed up by our money back guarantee. Auction items are typically retired from our rental inventory or are overstock from our sales inventory. is a Chicago-area Professional Audio rental and sales company that has been operating with an impeccable reputation since 1973. Powers +/17v at 5A, and 48v phantom power. This is a great deal on a power supply for your Ghost. SM12, TS24 mixing boards This auction is for a Soundcraft PSM 300 Console Power Supply. ■įor the latest from COP26 see our news updates.Soundcraft PSM 300 power supply for Ghost. That combination would be a powerful engine for changing how economies work. The job of the financial system would then be to amplify the signal sent by the price of carbon. Crucially, a carbon price would align the profit incentive with the goal of reducing greenhouse gases. Firms and governments would have an incentive to grapple with questions of who is polluting and who should pay. The urge to avoid the tax would supercharge efforts to count emissions. That would target all firms, not just those controlled by some institutional investors. Pledges like GFANZ are good as far as they go, but the world needs a widespread price on carbon if finance is to work wonders. Institutional investors also need to build up their venture-capital arms to finance new technologies, such as green cement. Asset owners, such as pension funds, should hold on to their investments in polluting firms and use them to help bring about change. Some accounting bodies want to standardise how climate measures are disclosed. The EU is rolling out mandatory carbon reporting for businesses America is considering it. What should be done? Fine-tuning can help. Pledges alone do not alter the fact that firms have little reason to invest trillions in green technologies that still have mediocre risk-adjusted returns. As shareholders urge oil majors to clean up, the oilfields they sell are being bought by private-equity firms and hedge funds, away from the public eye. If you can brush off the stigma, it can be profitable to hold assets that can legally generate untaxed externalities-in this case pollution. Heavily polluting firms or assets will often find new owners. Together, the five biggest American tech firms have a carbon intensity (emissions per unit of sales) of about 3% of the S&P500 average. The easiest way to cut the carbon footprint of a diversified portfolio is to sell the part of it invested in dirty assets and put the proceeds in firms that never emitted much, such as, say, Facebook. This is not well-aligned with cutting carbon. Private financial firms aim to maximise risk-adjusted profits for their clients and owners. How should shareholders, lenders and insurers divvy up the emissions from a coal-fired power plant, for instance? Methodologies behind attributing emissions to financial flows are even sketchier. Emissions from a barrel of oil could appear in the carbon accounts of the firms that are drilling, refining and burning the stuff. There is as yet no way to accurately assess the carbon footprint of a portfolio without double counting. State-controlled companies, such as Coal India or Saudi Aramco, the world’s biggest oil producer, are a big part of the problem and they do not operate under the sway of institutional fund managers and private-sector bankers.Ī second issue is measurement. The Economist estimates that listed firms which are not state-controlled account for only 14-32% of the world’s emissions. The reality of green investing falls short of this ideal. ![]()
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