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Nymex to launch new RGGI carbon contracts


The Green Exchange unveiled plans on Monday to launch a Regional Greenhouse Gas Initiative carbon dioxide allowance futures contract.

Nymex, which is one of the founding partners of the Green Exchange, will launch the RGGI contract on August 24.

RGGI is a cooperative effort of 10 north-eastern states in the US to reduce CO2 emissions by large utilities through the...

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