NYSE Euronext and Caisse des Depots launch carbon exchange

NYSE Euronext and French state bank Caisse des Depots have launched Bluenext, an international exchange that will operate markets in carbon emission allowances and credits.

The company, 60% owned by NYSE Euronext and 40% by Caisse des Depots, has targeted North America and Asia as key areas of expansion. It plans to begin by operating a spot market in CO2 emission allowances before expanding to create a market for emission credits as soon as connections to international logs are operational.

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