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BlueNext CER spot to launch on August 12

Paris-based environmental exchange BlueNext will launch trading in its physically delivered Certified Emissions Reduction (CER) spot contract on August 12.

The exchange already hosts an EUA spot contract, which traded over 9 million tonnes in July 2008, along with futures contracts in EUAs and CERs. According to BlueNext, 34 companies have signed up to trade the CER spot contract.

BlueNext CERs will be delivered via the International Transaction Log (ITL) to the Swiss registry, which linked to ITL the on March 10. Switzerland is currently the only

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