BlueNext and Markit announce new carbon index

The alliance will create a benchmark by combining Markit's established global index business with BlueNext's position in the EU Emission Trading Scheme (ETS) and Certified Emissions Reductions (CERs) markets, according to Niall Cameron, executive vice president of commodities, indices, equities and risk management at Markit.

The Markit BlueNext EUA Spot Index and the Markit BlueNext CER Spot Index will be the first in a series of jointly-branded environmental products.

"Carbon can essentially be c

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