TITLE

Carbon credit futures trading starts on firm note on NCDEX

PUB. DATE
June 2008
SOURCE
TIDEE (TERI Information Digest on Energy & Environment);Jun2008, Vol. 7 Issue 2, p183
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports that futures trading in carbon credits started on a positive note on the leading agriculture commodity bourse in India, the National Commodity and Derivative Exchange (NCDEX), in January 2008. It references an article published in the April 11, 2008 issue of "Mint." Five contracts were launched by the Multi-Commodity Exchange of India that are generated by companies the developing world by using cleaner technologies and, thereby, saving on energy consumption. Analysts said that this move subsequently reduces the companies' greenhouse gas (GHG) emissions.
ACCESSION #
33908369

 

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