EEX to Start Spot United Nations Carbon Offset Trading on Dec. 5

European Energy Exchange AG will start trading in spot contracts for United Nations carbon offsets on Dec. 5.

The Leipzig, Germany-based bourse will offer contracts for UN offsets eligible in the European Union’s carbon market through April, as well as UN credits that are eligible in the third phase of the bloc’s carbon market, which runs from 2012 through 2020, the exchange said in an e-mailed statement today.

To contact the reporter on this story: Alessandro Vitelli in London at avitelli1@bloomberg.net

To contact the editor responsible for this story: Rob Verdonck at rverdonck@bloomberg.net

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