Backed by NYMEX, a new green exchange will offer trading in the following futures contracts:

Carbon – Futures, Options, and Swaps

* European Union Emissions Trading Scheme carbon allowances (EUAs)
* Certified Emissions Reductions (CERs) under the Kyoto Protocol’s Clean Development Mechanism (CDM)
* Carbon emission allowances under the U.S. Regional Greenhouse Gas Initiative (RGGI)
* Voluntary Carbon Units (VCUs) and Verified Emissions Reductions (VERs) associated with various leading carbon credit standards

U.S. Emissions – Futures, Options, and Swaps

* SO2 emissions allowances under the US Acid Rain Program and Clean Air Interstate Rule (CAIR)
* NOx emissions allowances under the annual and seasonal Federal NOx Budget Programs and CAIR

Renewable Energy – Futures, Options, and Swaps

* Voluntary Renewable Energy Certificates (RECs) accredited under the Green-e™ standard
* RECs used for compliance under various state renewable portfolio standards (RPS)

More info available here

CLHB is looking good in a really bad market. In fact, the whole clean tech sector is red hot and maybe just starting up. Check out CLHB and see what you think.

Clean Harbors, Inc., through its subsidiaries, is a provider of environmental services and an operator of non-nuclear hazardous waste treatment facilities in North America. The Company performs environmental services for a diversified industry base with over 45,000 customers, including more than 325 Fortune 500 companies, in the United States, Canada, Mexico and Puerto Rico.

**note I accidentally posted this as a page rather than a post on 11-9-2007

Supporters of renewable energy say there will be new jobs for technicians to install rooftop solar arrays and backyard windmills, jobs at manufacturers making parts for utility-scale wind and solar equipment, and jobs in agriculture, harvesting biomass.

In addition, they say, these jobs won’t get outsourced.

“We’re not going to import biofuel from Saudi Arabia,” said Dan Kammen, a professor in the Energy and Resources Group at the University of California Berkeley.

“The installation of solar panels is not something that can be exported,” said George Sterzinger, head of the Renewable Energy Policy Project. “These are good, skilled, well-paying jobs.”

Source: CNNMoney

I’m fascinated with the new revolution in energy and plan to learn alot more. My work and study comes from investing in stocks, but I’m starting this blog so that others are exposed to the new technologies for sustainable energy.