Sunday, June 3, 2007

Australia's ASX Plans to Start Futures Market in Carbon Emissions Trading

(Bloomberg) -- The Australian Securities Exchange,
owned by ASX Ltd., said it expects to start a futures market for
carbon emission permits in advance of the proposed introduction
of a national trading system by 2012.

The exchange is appointing a working group to assist with
industry input into the design of a futures market and to advise
the government on how a carbon trading system needs to be set up
to allow an efficient futures market for permits, the Sydney-
based company said today in an e-mailed statement.


Read more at Bloomberg Energy News

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