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CHICAGO -(Dow Jones)- IntercontinentalExchange Inc. (ICE) on Tuesday reported that it had taken a 4.8% stake in Climate Exchange plc (CLE.LN), the operator of emissions trading platforms in the U.S. and Europe.
In a regulatory filing, Climate Exchange said that Atlanta-based ICE had acquired 2.3 million shares in the company.
The deal extends the partnership between ICE and Climate Exchange, which trades contracts based on greenhouse gases via a platform run by ICE.
Shares in the Chicago-based but London-listed Climate Exchange rose 16.6% to GBP7.51, while ICE shares were slightly higher in midday trade at $106.65.
-By Jacob Bunge, Dow Jones Newswires; (312) 750 4117; [email protected]
on Nov 11th, 2009
@ 5:41 pm:
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on Nov 12th, 2009
@ 6:54 am:
[…] profits have been plowed into the copper and gold markets and now the same Goldman energy cartel is bidding to take over you clean air (through Carbon Credit trading) and your clean […]
on Nov 12th, 2009
@ 11:32 am:
[…] profits have been plowed into the copper and gold markets and now the same Goldman energy cartel is bidding to take over you clean air (through Carbon Credit trading) and your clean water. Maybe when they are charging you $80 a gallon for water and ten cents a breath youll want to do […]
on Nov 12th, 2009
@ 8:23 pm:
[…] profits have been plowed into the copper and gold markets and now the same Goldman energy cartel is bidding to take over you clean air (through Carbon Credit trading) and your clean […]
on Nov 13th, 2009
@ 11:42 am:
[…] have been plowed into the copper and gold markets and now the same Goldman energy cartel is bidding to take over you clean air (through Carbon Credit trading) and your clean […]
on Dec 1st, 2009
@ 8:13 am:
[…] have been plowed into the copper and gold