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Ogilvy Renault Partners with MCeX: Canadian Trade in Carbon Credits Begins
June 5, 2008
Montréal, June 4, 2008 - Ogilvy Renault has partnered with the new Montréal Climate Exchange (MCeX). Launched on May 30, 2008, the MCeX is Canada's first regulated environmental market. By providing a platform for the trading of futures contracts on CO2 units, the MCeX will help regulated industrial participants manage their greenhouse gas emissions while also creating incentive for technological innovation.
"Partnering with the MCeX is a natural fit for Ogilvy Renault," says Jean Piette, chair of the firm's Environmental team. "We are proud to support them in this exciting initiative."
Trading in MCeX carbon futures will generate vital price signals for industries that are investing in new, clean technology. Ogilvy Renault's Cleantech team, one of the first of its kind in Canada, works closely with clients as they develop their businesses-in sectors including air quality, energy, water purification and environmental IT. In addition, through Ogilvy Renault's recognized expertise in environmental law and capital markets, we will be at the forefront in advising all of our clients with respect to this new market.
The Montréal Climate Exchange is a joint venture of Montréal Exchange Inc. and the Chicago Climate Exchange® (CCX), the world's pioneer in the design and operation of carbon markets in the United States and Europe. For more information on the MCeX, visit http://www.mcex.ca/index_en.
About Ogilvy Renault
Ogilvy Renault LLP is a full-service law firm with close to 450 lawyers, patent and trade-mark agents practising in the areas of business, litigation, intellectual property, and employment and labour. Ogilvy Renault has offices in Montréal, Ottawa, Québec, Toronto and London (England), and serves some of the largest and most successful corporations in Canada and in more than 120 countries worldwide. Find out more about our firm and about our areas of expertise, including Cleantech Law, Environmental Law and Corporate Finance at ogilvyrenault.com.
Contacts
Peter Zvanitajs - Toronto
Senior Advisor, Media Relations
416.216.1871
pzvanitajs@ogilvyrenault.com
Joanne Lajeunesse - Montréal
Director, Marketing and Media Relations - Quebec Region
514.847.4723
jlajeunesse@ogilvyrenault.com
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