Wednesday 26th, March 2008
Merrill Lynch, SocGen launch emissions indexes.03/26/2008 01:59 PM United States, France
U.S. investment bank Merrill Lynch and France's Societe Generale both launched global carbon indexes on Wednesday to track the international carbon markets, which were worth some $60 billion last year.
The indexes will allow investors to access the world's carbon markets, including the European Union's emissions trading scheme and carbon trading markets under the United Nations' Kyoto Protocol.
See the Reuters story