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View Full Version : July 23 the new Green Exchange



RFID trumps
08-01-2010, 08:30 PM
Well, I dont know why it hasnt been discussed, seems like it should be though, after all, it's new, it's Green and it's an exchange and full of famous names...http://nymex.greenfutures.com/

http://nymex.greenfutures.com/about-us/partners.html

Blagio
08-01-2010, 08:53 PM
Looks as though Cap N Trade,or part of it, has been implemented. Reminds of Enron's failed concept of profiting from the weather.

On July, 23 2010, the U.S. Commodity Future Trading Commission (CFTC) approved the Green Exchange as a designated contract market (DCM). Contracts on emissions allowances and credits in CO2, NOX, and SO2 will continue to be listed for trading and clearing by NYMEX until they are transferred to the Green Exchange.

B

koolair
08-04-2010, 02:00 PM
That is some solid news. This link proves that we are not a bunch of tin-foil hat conspiracy theorists...although we already knew that.

Interesting confluence of events taking place with all the environmental nonsense.

I can't believe how much useful news I get off this board. Great job everyone!

Joe