Tuesday, June 5, 2007

EEX to Begin Trading UN-Approved Credits for Certified Emission Reductions

(Bloomberg) -- The European Energy Exchange, the
region's biggest bourse for power trading, will offer contracts
in certified emission reduction credits this year, as greenhouse
gas trading expands.

Buying and selling CER credits, which are approved by the
United Nations and derived from projects that curb greenhouse
gases in developing nations, will ``be launched in the course of
this year,'' EEX said today in an e-mailed statement. Auctions
of CER credits will be possible, the statement said.


Read more at Bloomberg Energy News

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