GreenX Volumes Quadruple

GreenX Emissions Volumes Quadrupled in 2011; Market Share Gained - Bloomberg

Green Exchange LLC quadrupled the volume of emission allowances and credits it traded, boosted by a surge in the European Union. The bourse, which has operations in London and New York, handled 451.8 million metric tons, compared with 104.5 million in 2010, according to data in an e-mailed report. EU-allowance futures were 83 percent of the 2011 total, the data show.

California Eyes $500 Million from Cap-and-Trade Fees

Brown Sees $500 Million Cap-and-Trade Fees for California Budget - Bloomberg

California (STOCA1) Governor Jerry Brown plans to use half of the revenue from the nation’s first state- run cap-and-trade air-pollution program to help ease a $9.2 billion deficit in the most populous U.S. state.