ICE launches global carbon price tracker [Reuters (UK)]
Intercontinental Exchange Inc. (ICE)
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Source: Reuters
ICE launches global carbon price tracker - Reuters 2 Min Read LONDON (Reuters) - Intercontinental Exchange (ICE) ( ICE.N ) has launched an index to track and benchmark the global price of emitting carbon dioxide, it said on Wednesday. Charging polluters for each tonne of the greenhouse gas they emit is seen by many governments as a way of spurring investment in low carbon technology and helping countries meet pledges made under the 2015 Paris climate agreement. [nL8N28K4Y5] The ICE Global Carbon Futures Index is made up of pricing from the world’s three most actively traded carbon markets, ICE said: Europe’s Emissions Trading System, California’s Cap and Trade Program and the Regional Greenhouse Gas Initiative (RGGI). RGGI includes Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. “This is a first step in producing an accurate, transparent global price for carbon, and one that utilizes a market-based mechanism for the evaluati
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