Carbon credit ratings agency is launched
LONDON, Jun 25, 2008 (Xinhua via COMTEX) — The world’s first independent carbon credit ratings service was launched at the London Stock Exchange on Wednesday.
The Carbon Ratings Agency, an IDEAcarbon company, will provide ratings to market participants both on mandated and subscription basis, said Ian Johnson, chair of IDEAcarbon and former vice president for [...]
NASDAQ launches carbon indexes
The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announced todaythe introduction of the NASDAQ OMX Carbon Index Series (NOCO2), a family of indexes designed both for derivatives trading and to act as a barometer for theglobal carbon market. The announcement was made in a keynote speech by NASDAQ OMX’s CEO Bob Greifeld at the Federation of European [...]
Carbon trading after 2012 envisioned
CC peered into the future of carbon trading here during the UN Framework Convention on Climate Change (UNFCCC) meeting of Subsidiary Bodies.
Nick Campbell, Chair of the ICC Task Force on Climate Change, moderated a panel of four experts in ICC’s second discussion on carbon trading after 2012, when a new global framework on climate change [...]
MIT: European system for cutting CO2 emissions is working well
By Massachusetts Institute of Technology,
[RxPG] CAMBRIDGE, Mass.–In a bid to control greenhouse gas emissions linked to climate change, the European Union has been operating the world’s first system to limit and to trade carbon dioxide. Despite its hasty adoption and somewhat rocky beginning three years ago, the EU cap-and-trade system has operated well and [...]
Establishment Of The “TSE Carbon Market Study Group”
Tokyo Stock Exchange Group, Inc. (TSE Group) is fully aware that global environmental issues are of paramount importance to the global community and should be addressed by both the public and private sectors.
With the adoption of the Kyoto Protocol, economic instruments have been introduced to reduce greenhouse gases. Trading in carbon emissions rights has been [...]
Montreal Climate Exchange Launches First Canadian Environmental Market
MONTREAL, May 30 /CNW Telbec/ - The Montréal Climate Exchange (MCeX), a
joint venture of the Montréal Exchange (MX) and the Chicago
Climate Exchange(R) (CCX), today officially launched trading of a new futures
contract on Canada carbon dioxide equivalent (CO2e) units.
“The listing of the MCeX futures contract is a ‘first’ and it makes
Montréal Climate Exchange the first regulated [...]
Cemtrex Joins Chicago Climate Exchange
FARMINGDALE, N.Y., May 28 /PRNewswire-FirstCall/ — Cemtrex Inc. (OTC:
CTEI) has become an associate member of the Chicago Climate Exchange
(CCX(R)), the world’s first and North America’s only voluntary, legally
binding integrated greenhouse gas emissions reduction, registry and trading
system.
CCX is a financial institution whose objectives are to apply financial
innovation and incentives to advance social, environmental and economic
goals. CCX [...]