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