(Chicago – August 14, 2008) Chicago Climate Futures Exchange® (CCFE™), a
Commodity Futures Trading Commission (CFTC) regulated Designated Contract Market,
will begin trading Friday, August 15, 2008 a Regional Greenhouse Gas Initiative futures
and options on futures contract (RGGI futures and options), each of which represent
1,000 RGGI allowances.

RGGI is a CO2 cap-and-trade emissions trading program comprised of ten New England
and mid-Atlantic states that will commence in 2009. RGGI will be the first governmentmandated
CO2 emissions trading program in the United States. The offering of the
contracts comes to meet the demand of several of the largest power producers in the
region that are already members of CCFE and CCX for a low cost, transparent, and
standardized platform to hedge against price fluctuations in the RGGI CO2 emissions
market.

“With the launch of futures and options contracts on RGGI CO2 allowances, CCFE
provides the gateway for participants to hedge positions in the U.S.’s first mandatory
carbon market,” said Dr. Richard L. Sandor, Chairman and CEO. “We salute the hard
work of the governments and stakeholders of the Northeast states to develop RGGI. This
market will require price transparency and efficient, exchange-based systems for
maximum success. As RGGI evolves, CCFE will uniquely be able to provide a wealth of
experience and linkage with other global greenhouse gas emissions trading systems.”
For a complete list of products please visit: http://ccfe.com/about_ccfe/products.html

For more information on obtaining access to CCFE products, please visit
www.ccfe.com or contact Michael MacGregor (312.229.5122) or Dan Scarbrough
(312.229.5129)

This entry was posted on Tuesday, August 19th, 2008 at 2:14 pm and is filed under Carbon Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.