A New Player In The North American Emissions Trading Sector

From the Alt Energy Stocks Blog:

Firstly, on May 30, the Montreal Exchange, a derivatives exchange, announced that it was launching an emissions trading market for CO2. The Montreal Exchange is now a unit of the TSX Group (TSXPF.PK or X.TO), the firm that runs all of Canada’s exchanges.

The second announcement came last week, when the premiers of Quebec and Ontario, Canada’s two largest provinces and the heart of its industrial base, announced that they were moving ahead with a cap-and-trade scheme to cut their greenhouse gas emissions. Together, these two jurisdictions form North America’s fourth largest economy, so needless to say this is a market with some potential.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s