To meet the growing demand from businesses to hedge their risks from greenhouse gas emissions, AirCarbon, a Singaporean carbon exchange, is collaborating with Germany’s main bourse, Deutsche Boerse AG, to create futures trading for carbon offsets as early as this year.
Deutsche Boerse AG will establish the futures contracts with carbon credits obtained by AirCarbon. The plan would be to trade the contracts on the European Energy Exchange, said Thomas McMahon, co-founder and CEO of AirCarbon.
