With the increasing focus on climate change, governments have started to adopt innovative measures to reduce emissions of greenhouse gases.
One of these measures is the introduction of allowances - controlled quotas of Carbon Dioxide (CO2) a company can emit - along with a scheme for trading unused allowance in the form of 'credits'.
The following markets are already trading in CO2 certificates:
- European Climate Exchange (ECX), based in Amsterdam:
europeanclimateexchange.com - NordPool, the Nordic Power Exchange:
nordpool.no - European Energy Exchange (EEX), based in Leipzig:
eex.de - Euronext:
euronext.com
