Greenpeace protest at IPE fuels debate on emissions trading

The IPE and Amsterdam-based European Climate Exchange (ECX) signed an agreement last year that ECX would offer carbon financial instruments (CFIs) electronically. The instruments will include both futures and cash contracts in CFIs, each one based on emissions allowances in the European emissions trading scheme (ETS)*.

ECX chose to partner with the IPE because the London exchange is used by all the oil majors who will be the major players in the emissions market, said ECX head Peter Coster.