carbon markets
NYSE Euronext and Caisse des Dépôts launch carbon exchange
NYSE Euronext and French state bank Caisse des Dépôts have announced the launch of Bluenext, an international exchange that will operate markets in carbon emission allowances and credits.
Global carbon market grows 80% in 2007
The total value of greenhouse gas emission permits traded in 2007 reached €40 billion, an 80% rise on the 2006 figure of €22bn, according to information provider Point Carbon.
First cleared CER spot transaction on Climex
The first cleared spot trade of Certified Emission Reductions (CERs) took place on Climex this week.
UBS launches Greenhouse Index
UBS Investment Bank has launched the UBS Greenhouse Index (UBS-GHI) , the first tradable investment benchmark tracking the Greenhouse Effect.
Exchanges see green in emissions trading
Battle lines are being drawn in the emissions space as Nymex aims to grab a slice of the booming global market, writes David Watkins
OMX and Nord Pool to create Nord Pool International
Swedish exchange technology company OMX has acquired Norwegian derivatives exchange Nord Pool’s international derivatives products, along with its clearing and consulting operations.The two companies aim to create an international energy and carbon…
EcoSecurities and Credit Suisse complete structured CER sale
EcoSecurities and Credit Suisse have completed a structured sale of over 5 million Certified Emission Reductions (CERs).
Merrill Lynch launches carbon certificate
Investment bank Merrill Lynch today launched an index-based investment certificate that offers protected exposure to the stocks of carbon efficient European companies.
Nymex Launches Green Exchange
Nymex Holdings, the parent company of the New York Mercantile Exchange (Nymex), is to form a new exchange trading environmental futures, options and swaps contracts.
NYSE Euronext to acquire Powernext Carbon
NYSE Euronext has reached an agreement with French energy exchange Powernext to acquire Powernext Carbon, the company's emission permit division, as part of its plan to set up an international carbon market.
Barcap launches global carbon index
Barclays Capital has launched a global carbon index, which tracks the performance of carbon credits in major emissions trading schemes.
LEBA launches CER index
The London Energy Brokers’ Association (LEBA) is launching a benchmark index for certified emissions reductions (CERs) on 3 December. The LEBA Carbon CER Index will be calculated using the average of trades for physical delivery transacted by LEBA…
Barcap launches CER swaps
Barclays Capital has launched and traded the first financially settled certified emissions reduction (CER) swap based on publicly available pricing sources.
GFI launches emissions trading platform
Inter-dealer broker GFI Group has launched EnergyMatch, an electronic trading platform for over-the-counter energy derivatives.
Linked global carbon market could be worth €800 billion
A linked global carbon market between six major regions could be worth €600–800 billion, European Energy Exchange (EEX) chief operating officer Maik Neubauer said today at a press conference
TFS brokers first Singapore-approved CDM project
TFS Energy has brokered the first Clean Development Mechanism (CDM) project to be approved by a Singaporean Designated National Authority (DNA).
Federal carbon trading bill to be "passed next year,” says lawmaker
A Democrat on the US House of Representatives Energy and Commerce Committee says that a carbon cap and trade bill could be passed in the United States as soon as the middle of 2008.
EEX and Eurex to cooperate in CO2 trading
The European Energy Exchange (EEX) and international derivatives exchange Eurex announced today that they are to offer a common platform for emissions trading.
Onward with offsets
Awareness of the effect of carbon emissions on climate change has driven growth in the market for voluntary carbon offsets. So who is getting involved, and why? Roderick Bruce finds out