ASX plans futures market for carbon emissions
The Australian Securities Exchange, owned by the ASX, has announced plans for a futures market for carbon emission permits. This article that I came across last week shows just how soon the market for carbon emissions is going to be a reality.
So far only the US and the European Union have put forward similar schemes…
AUSTRALIAN investors won’t have to wait until 2012 to know what the carbon emissions they produce will cost them.
Just one day after the Prime Minister, John Howard, promised a carbon emissions trading scheme to begin in five years, the Australian Securities Exchange, owned by ASX Ltd, has announced plans for a futures market for carbon emission permits.