Report: ICE to close Chicago Climate Futures Exchange

James S Murray
clock •

Closure underlines dwindling confidence in US carbon market

The embryonic US carbon market has received another blow after global exchange operator Intercontinental Exchange Inc (ICE) reportedly confirmed that it is to close the Chicago Climate Futures Exchange...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

'Pragmatic and realistic': European Commission proposes target to cut EU emissions 90 per cent by 2040

Is the UK quietly becoming a world leader in flexible grids?

More on Carbon Trading

'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025
Carbon Trading

'Demand for high quality credits is at an all-time high': How the carbon credit market enjoyed a record-breaking start to 2025

New data from Sylvera shows increased activity and a continuing market shift towards higher quality and compliance grade carbon credits

Amber Rolt
clock 02 July 2025 • 5 min read
NAO warns 'uncertainties' could undermine future effectiveness of UK ETS
Carbon Trading

NAO warns 'uncertainties' could undermine future effectiveness of UK ETS

Greater policy and price certainty needed to ensure effectiveness of UK’s Emissions Trading Scheme (NAO)

Michael Holder
Michael Holder
clock 30 June 2025 • 3 min read
The UK Emissions Trading Scheme: Vitally important but often overlooked
Carbon Trading

The UK Emissions Trading Scheme: Vitally important but often overlooked

The government must be clear on the contribution it expects different interventions - including the ETS - to make as part of its overall plan for net zero, writes Simon Bittlestone from the National Audit Office

Simon Bittlestone, National Audit Office (NAO)
clock 30 June 2025 • 4 min read