Climate Exchange plc (ECX), the exchange company for trading emissions and environmental products, saw profits grow last year on the back of a big increase in volume of emissions trading.
Continue Reading at GreenWiseBusiness
Climate Exchange plc (ECX), the exchange company for trading emissions and environmental products, saw profits grow last year on the back of a big increase in volume of emissions trading.
Continue Reading at GreenWiseBusiness
| Sourced From Istockanalyst.com |
CLIMATE EXCHANGE PLC
Monthly Trading Update for the European Climate Exchange,
the Chicago Climate Exchange and the Chicago Climate Futures Exchange
LONDON (Reuters) – Shares in carbon emissions exchange operator Climate Exchange plc jumped nearly 17 percent on Tuesday after IntercontinentalExchange said it had taken a 4.8 percent stake in the company on Monday.
Continue Reading on Reuters
| Sourced From ShareCast |
LONDON (SHARECAST) – Emissions exchange operator Climate Exchange said it continued to see growth in interest and volumes across its markets during March.
| Sourced From Carbon Positive |
The prices of Certified Emissions Reductions (CERs) remain depressed below
| Sourced From Environmental Finance |
London, 5 February: After attracting thousands of climate protestors to the Kingsnorth power station and Heathrow airport, the Camp for Climate Action has turned its sights on leading carbon trading platform, the European Climate Exchange (ECX).
| Sourced From Business Green |
Growing numbers of US financial firms have started to play on the European Climate Exchange (ECX) as they seek to gain experience of how carbon markets operate ahead of the launch of a US cap-and-trade scheme.
OCTOBER HIGHLIGHTS:
* ECX October volumes reached a total of 412 Mt, exceeding the previous monthly record from July 2008 (346 Mt) and representing a 283% increase over the same month last year.
We reported yesterday that the software linking the carbon trading schemes of the EU and United Nations will be ready before December, but now there seems to be greater certainty about the timing. The EU’s Executive Commission is looking at the first half of October to connect its carbon trading registry with that of the UN. Timing is of essence because 1 December 2008 marks the date for settlement of CER contracts and failure to get the link working by then will lead to defaults on contracts.
The link was supposed to go live eighteen months ago and the delay coupled with uncertainty about its status had created anxiety among the carbon traders. But now that there is greater clarity, market confidence seems to have been restored somewhat, which has manifested in higher CER prices – they increased by five per cent. Bloomberg reoprts that the prices of EU carbon permits for December have also shot up by 4.4 per cent to reach their highest in a week at $35.95 on the ECX.
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