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ECX to launch 2015-2020 EU carbon futures contracts

LONDON (Reuters) - The European Climate Exchange (ECX) will launch futures for European Union carbon permits for December-delivery between 2015 and 2020, the London-based emissions exchange said on Monday.

LONDON (Reuters) - The European Climate Exchange (ECX) will launch futures for European Union carbon permits for December-delivery between 2015 and 2020, the London-based emissions exchange said on Monday.

The new batch of contracts, which also include a June 2013 EU Allowance (EUA) future, begin trading on August 6, the ECX said in an email.

The futures will allow participants in the EU's Emissions Trading Scheme to trade EUAs to the end of the scheme's third phase (2013-2020).

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