ECX still trying to clear way for CERs
The launch of European Climate Exchange's (ECX) futures contracts for certified emissions reductions (CERs), which would be listed on the ICE futures platform, has been delayed, as ICE and London-based clearing house LCH.Clearnet decide who will clear the contracts.
The contracts were originally scheduled for a September 2007 launch, but will be delayed because, according to an ECX spokesman: "We are still having an internal issue on the contract specs; clearing is one of the outstanding issues
More on Carbon
Uncertainty causes rethink on clean energy investment
Waning enthusiasm for net-zero pledges, environmental policy shifts, funding cuts and US tariffs are causing clean energy investors to retreat
Emissions house of the year: Grey Epoch
Energy Risk Awards 2025: Carbon trader meets clients’ increasing needs through deep expertise and ability to warehouse risk
Environmental products house of the year: Marex
Energy Risk Awards 2025: Marex Environmental spans firm to give all clients access to green markets
Market-maker/liquidity provider of the year: OTC Flow
Energy Risk Awards 2025: Environmental trader and broker furthers liquidity provision with new presence on exchange
Commodity trade finance house of the year: Tramontana
Energy Risk Awards 2025: Investment firm creates unique carbon trade finance vehicles enabling long-term hedging while developing carbon market liquidity
Voluntary carbon markets house of the year: SCB Environmental Markets
Energy Risk Awards 2025: Environmental specialist amplifies its commitment to the VCM
Green knights? Banks step into struggling carbon credit markets
Clearer global standards and a new exchange may attract dealer entry, but supply and demand challenges remain
Achieving net zero with carbon offsets: best practices and what to avoid
A survey by Risk.net and ION Commodities found that firms are wary of using carbon offsets in their net-zero strategies. While this is understandable, given the reputational risk of many offset projects, it is likely to be extremely difficult and more…
