NZX plans carbon market for 2008
The New Zealand Herald is reporting NZX plans carbon market for 2008.
Sharemarket operator New Zealand Exchange and a number of leading businesses have confirmed they will establish a New Zealand-based carbon market to service the Asia-Pacific region.
NZX, with companies such as Air New Zealand, Meridian Energy, Contact and 42 Below, as well as representatives of investment banks Goldman Sachs and ABN Amro, have been examining the feasibility of such a market since December.
Yesterday NZX confirmed that it should be up and running by next year.
Please please NZX, publish an API so we humble buyers and sellers of credits on your exchange can do so 100% electronically. This is terribly important for fully automated order fulfilment. Whoever out there has the contract to build the actual registry, please get in touch if you have no idea what I mean. — DS
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