Carbon Trade Exchange Launches Platform for Allowances from RGGI
CTX RGGI Exchange is a venue for allowances from the RGGI, which is the first mandatory cap-and-trade program in the US to limit CO2 from the power sector.
Follow
The Carbon Trade Exchange (CTX) announced the start of a new centralized exchange platform that will allow users to buy and sell allowances from the Regional Greenhouse Gas Initiative, the first mandatory cap-and-trade program in the US to limit carbon dioxide from the power sector.
CTX RGGI Exchange offers intra-day spot trading of RGGI units and is electronically connected with Wells Fargo.
The announcement shows the continued progress CTX has made in less than a year.
Since its launch in North America in 2014, CTX has built strategic relationships with APX Environmental Management Account, Gold Standard, VCS, Climate Action Reserve and American Carbon Registry. CTX also announced a partnership with Minneapolis Grain Exchange (MGEX) in an effort to help launch a CTX in the cap-and-trade program in California.
"CTX is expanding its suite of global carbon trading platforms with the launch of the RGGI Exchange in the US. We are relentlessly committed to providing liquidity and transparency to market participants and enabling companies to address climate change as a part of their broader sustainability plans," said Nathan Rockliff, president of CTXUSA, in a statement.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Back-Office Technology
Waters Wavelength
Waters Wavelength Podcast: Episode 232 (AI networking and virtual conferences)
On this episode of the Wavelength Podcast, Wei-Shen brings on Annie Wu, who works on all of WatersTechnology’s events, to chat about the challenges of running a virtual event.
Subscribe to Weekly Wrap emails
Most read
- Waters Wrap: Buzzwords and the hype machine (And editorial judgment)
- Vendors add surveillance support for WhatsApp alternatives
- Waters Wavelength Podcast: Episode 232 (AI networking and virtual conferences)
- Financial institutions battle cyber threat info overload
- Esma: Firms struggled with trade data porting after CME winddown