EEX, Eurex Launch CER Futures
GREEN IT IN THE NEWS
CERs are issued under the Kyoto Protocol for climate protection projects that industrialized nations carry out in developing countries. One CER is equivalent to one metric ton of carbon dioxide reduction. As of 2008, CERs can be used in part for emissions reduction compliance under the EU Emissions Trading System. CERs-unlike the EU Allowances (EUA)-are already a globally available "currency" to be transferred via the regional emissions trading systems in the future.
"By introducing exchange
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