Matt Levine, Columnist

Banks Can Get Emissions Off the Books

Carbon risk transfers, Trump’s bond, Evergrande accounting, Vitol bribes and sorry to Slorg.

March 19, 2024 at 6:27 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Ahh this is clever:

That is from Bloomberg’s Natasha White this week. The idea in credit risk transfer is: