Chicago Climate Futures Exchange (CCFE™), a wholly-owned subsidiary of Chicago Climate Exchange, Inc. (CCX), announced today it will administer an auction for DuPont of 20,000 Chicago Climate Exchange® issued Super Reduction contracts (representing 2,000,000 metric tons of CO2 equivalent) from U.S. operations of DuPont. Bids will be accepted beginning at 9:00 a.m. U.S. Central Time on Tuesday May 20th, 2008 and will be accepted only if received before 5:00 p.m. U.S. Central Time on Wednesday May 21st, 2008.
“The auction service represents our commitment to offer products and services to meet the needs of our Members and of the emerging environmental markets worldwide,” said Dr. Richard Sandor, CCX’s Chairman and CEO. “CCFE’s diverse product offering and growth continues to underscore the value proposition of a federally-regulated, cleared and guaranteed marketplace that enables society to achieve environmental goals in a cost-effective, transparent way.”
For more information on this auction please visit the auction website at: http://www.chicagoclimatex.com/content.jsf?id=1761