Thursday, September 20, 2007

Chicago Climate Futures Exchange™ to Hold First Auction of Certified Emission Reductions (CERs) on September 24

Press Release:
Chicago Climate Futures Exchange™ (CCFE™), a wholly-owned subsidiary of Chicago Climate Exchange® Inc. (CCX®) announced today it will host an auction of Certified Emission Reductions (CERs) on Monday, September 24, 2007.

The Auction makes available CER allowances representing 163,784 metric tons CO2 that have been issued by the United Nations Framework Convention on Climate Change (UNFCCC) to a wind energy farm in India. Interested bidders must
register with CCX in advance to take part in the auction. The event marks the first time in the world that an auction of CERs is done on an organized exchange....