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GreenX Plans CA Carbon Contracts

Green Exchange is planning to launch California carbon-dioxide futures contracts.

Green Exchange (GreenX) is planning to launch California carbon-dioxide futures contracts, Bloomberg reports. The contracts will be rolled out for California’s cap-and- trade program.

GreenX is a New York-based trading hub for pollution rights. The exchange is owned by companies, including CME, Goldman Sachs and JP Morgan Chase.

Click here for the story from Bloomberg.

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