In the News Detail
news headline
Trading in Carbon Has Legal Future
SOURCE
National Post
AUTHOR
Donalee Moulton
DATE
November 19, 2008
With the establishment of the Montréal Climate Exchange, Jean Piette of our Environmental team talks to the Financial Post about the carbon futures trading trend.
Click here to read the article.
Excerpt
Canada's carbon footprint is making its mark in the national, and the international, marketplace. Earlier this year, the Montreal Climate Exchange (MCeX) launched trading of futures contracts on Canada CO2e, or what the world likes to call carbon credits.
The country's first foray into the carbon futures market is significant, says Jean Piette, a senior partner with Ogilvy Renault in Montreal and the first lawyer in Quebec to develop a practice devoted entirely to environmental law.
"This is not a venture market. This is a much more serious and promising marketplace.
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