Richard Sandor (economist)

Richard Sandor is an American economist known for his pioneering work in the field of financial markets, particularly in environmental finance. He is credited with developing the concept of "cap-and-trade" systems, which are used to control pollution by providing economic incentives for reducing emissions. Sandor has also played a significant role in creating and promoting various financial instruments, such as carbon credits, that help businesses meet regulatory requirements while fostering sustainable practices. Through his contributions, he has influenced how markets can address environmental concerns while supporting economic growth.