Envex
{{Use dmy dates|date=May 2014}}
{{Use Australian English|date=May 2014}}
{{Infobox company
| founded = {{start date and age|2008|02}}
| owners = {{ubl|Macquarie Group Limited|Financial and Energy Exchange|Climate Exchange PLC}}
| key_people = {{ubl|Brian Price (non executive director)|Dimitri Burshtein (non executive director)|David Peniket (non executive director)}}
| website = {{url|envex.com.au}}
}}
Envex is a company which develops financial instruments for electricity trading and emissions trading under the Clean Energy Bill 2011 and other environmental markets in Australia.
History
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.{{Cite web |url=http://www.envex.com.au/media.htm |title=Envex media centre |access-date=8 December 2008 |archive-url=https://web.archive.org/web/20081226000509/http://www.envex.com.au/media.htm |archive-date=26 December 2008 |url-status=dead }} Following the purchase of the European Climate Exchange by ICE,{{Cite news|date=2010-04-30|title=ICE buys Climate Exchange|language=en|work=Reuters|url=https://www.reuters.com/article/us-jlc-ice-climate-exchange-idUSTRE63T3FG20100430|access-date=2020-06-18}} ICE also 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.Carr signs up to Global Carbon Market, [http://www.smh.com.au/ Sydney Morning Herald] 19 Nov 2008 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.
Current Board Members
- Brian Price, Non Executive Director
- Dimitri Burshtein, Non Executive Director
- David Peniket, Non Executive Director
See also
External links
- [https://web.archive.org/web/20081223144823/http://www.envex.com.au/ Envex Official website]
- [http://climatechange.gov.au/ Carbon Pollution Reduction Scheme website]