TITLE

Exchanges head for green war

AUTHOR(S)
Saphir, Ann
PUB. DATE
July 2009
SOURCE
Crain's Chicago Business;7/20/2009, Vol. 32 Issue 28, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that CME Group Inc., the world's largest futures exchange, and Chicago Climate Exchange Inc., led by Richard Sandor, are both making efforts to dominate a market that could generate $120 billion in carbon-credit trading annually. It is mentioned that the above depends on the passing of cap-and-trade regulations by the U. S. administration to reduce global warming.
ACCESSION #
43357921

 

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