EEX and Eurex to launch CER futures in March

The carbon trading cooperation between European Energy Exchange (EEX) and Eurex will expand further with the imminent launch of futures contracts for certified emissions reduction (CER) credits.

The CER futures will launch on 26 March 2008, and to encourage interest from potential participants, trading fees (exchange trading and OTC) will be waived for the rest of 2008.

CERs are issued under the Kyoto Protocol for climate protection projects that industrialised nations carry out in developing countries as part of the Clean Development Mechanism (CDM). One CER is equivalent to a one tonne CO2 reduction.

“This positions us internationally in CO2 emission allowances trading,” says Peter

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