Saturday, August 25, 2007

Modest start to Kyoto trade on Chicago exchange

One contract representing Kyoto Treaty greenhouse gas reductions traded on the Chicago Climate Futures Exchange on Friday, the first such trade to take place in the United States, a trade source said.

The CCFE launched trade on the certified emissions reductions contract on Friday. December 2008 CER futures settled 25 cents weaker at $21.60....

From Reuters