ICE’s Sprecher Says China Sees Carbon Trading in its Future
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China is showing interest in starting cap-and-trade programs for greenhouse gases amid a “very uncertain” outlook for a national carbon market in the U.S., according to the chief of the Intercontinental Exchange Inc.
“Tremendous discussion and movement towards more carbon trading is coming out of China,” Jeff Sprecher, chief executive officer of the Atlanta-based company, said on a conference call today.