Market split over Green Exchange

The launch of the Green Exchange last month received a mixed response from the market, after the first week of trading saw carbon contracts totalling 1.59 million tonnes.

Established by the New York Mercantile Exchange, Evolution Markets and a number of investment banks and energy trading companies, the Green Exchange is touted as the only one-stop-shop where players can trade both US and European emissions markets as well as established oil and oil products contracts.

In the Exchange's first week