Envex
| Envex | |
| Founded | 2008 |
|---|---|
| Headquarters | Sydney, Australia |
| Key People | Vincent Cornes, CEO |
| Website | envex.com.au/ |
Envex is a company that develops risk management instruments for emissions trading under the Australian Carbon Pollution Reduction Scheme and other environmental markets in Australia. [1]
History[edit]
The company was founded in February 2008 as a joint venture between Macquarie Group Limited and the Financial and Energy Exchange. In July of the same year Climate Exchange PLC, owner of the European Climate Exchange and the Chicago Climate Exchange, acquired a stake in Envex. Following the purchase of the European Climate Exchange by ICE, ICE became the holder of Envex.
The core focus of Envex's work is to develop tradable contracts for Over-the-Counter and Exchange based trading to "enable trading in a range of environmental products" in the Australian markets. These include financial instruments related to the underlying units of the Mandatory Renewable Energy Target scheme, the Carbon Price Mechanism (also known as the Clean Energy Bill 2011), the Queensland Gas Scheme, Victorian Energy Efficiency Target and South Australian Energy Savings Scheme.
Board Members[edit]
- Anthony Abraham, Chairman
- Karel Nolles, Managing Director
- Blair Pritchard, Non Executive Director
- Brian Price, Non Executive Director
- Dimitri Burshtein, Non Executive Director
- David Peniket, Non Executive Director
See Also[edit]
- Carbon Pollution Reduction Scheme
- Emissions Trading
- Mandatory renewable energy targets
- New South Wales Greenhouse Gas Abatement Scheme
External Links[edit]
References[edit]
- ↑ What We Do. Envex.