Goldman goes for Green
Introduced in December 2007 by Nymex Holdings, parent company of the New York Mercantile Exchange, and emissions broker Evolution Markets, Goldman Sachs will join Morgan Stanley, Credit Suisse, JPMorgan, Merrill Lynch, Tudor Investment, Constellation Energy, Vitol and RNK Capital as founding members of The Green Exchange.
The exchange, which began trading on March 17, aims to compete with the Chicago Climate Exchange by offering environmental futures, options and swap contracts for markets
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