Environmental

During the last two decades, evolving regional environmental policies have shaped new markets and created new segments for sustainable products and services. These markets span across renewable energy, carbon, renewable fuels and pollutants like sulfur dioxide and nitrogen oxide. Renewable energy generation is increasing across geographies and is attracting an increasing number of diverse market participants, expanding green finance and creating new trading opportunities. The physically-settled environmental contracts offered on Nodal Exchange allow participants to fulfill regulatory compliance obligations while also benefiting from advanced risk management solutions and improved operational efficiency during the delivery process.

Nodal Exchange, in cooperation with IncubEx and Net Zero Markets, aims to develop and offer products and services that best meet the growing and evolving needs of the North American environmental markets.

Physically-deliverable Futures and, in some cases also Options, are available for:

  • Carbon Emissions Allowances
      • California Carbon Allowances (Western Climate Initiatives)
      • RGGI Carbon Allowances (Regional Greenhouse Gas Initiative)
  • Carbon Emission Offsets
    • Voluntary
      • Carbon Removal
      • Certified Emission Reduction (CER) 2013+
      • Certified Emission Reduction (CER) 2016+
      • Certified Emission Reduction (CER) Commitment Period 2
      • Global Emission Reduction (GER)
      • Verified Emission Reduction (VER) – CORSIA-Eligible
      • Verified Emission Reduction (VER) – Nature-Based
    • Compliance
      • California Carbon Offset 0 (Western Climate Initiative)
      • California Carbon Offset 8 (Western Climate Initiative)
  • Renewable Energy Certificates
    • PJM
      • PJM Tri-Qual RECs
      • DC RECs
      • DC Solar RECs
      • Maryland Tier 1 RECs (also as a bankable contract)
      • Maryland Tier 2 RECs
      • Maryland Solar RECs
      • New Jersey Solar RECs
      • New Jersey Class 1 RECs (also as a bankable contract)
      • New Jersey Class 2 REC
      • Ohio Solar RECs
      • Ohio Non-Solar RECs
      • Pennsylvania AEC Tier 1 (also as a bankable contract)
      • Pennsylvania AEC Tier 2
      • Pennsylvania Solar AEC
    • NEPOOL
      • NEPOOL Dual-Qualified RECs
      • NEPOOL Quad-Qualified RECs
      • Connecticut Class 1 RECs
      • Connecticut Class 2 RECs
      • Connecticut Class 3 RECs
      • Maine Class 1 RECs
      • Maine Class 1A RECs
      • Maine Class 2 RECs
      • Massachusetts Class 1 RECs
      • Massachusetts Class 2 RECs
      • Massachusetts CES-E
      • Massachusetts Class 2 WTE
      • Massachusetts Solar RECs
      • Massachusetts Solar II RECs
      • Massachusetts AEC
      • New Hampshire Class 1 RECs
      • New Hampshire Class 3 RECs
      • Rhode Island New RECs
    • NYISO
      • New York Tier 1 RECs
    • MISO
      • M-RETS REC from CRS Listed Wind Facilities Front Half
      • M-RETS REC from CRS Listed Wind Facilities Back Half
    • Electric Reliability Council of Texas (“ERCOT”)
      • Texas Compliance RECs
      • Texas Compliance REC from CRS Listed Facilities Front Half
      • Texas Compliance REC from CRS Listed Facilities Back Half
      • Texas Compliance Solar REC from CRS Listed Facilities Front Half
      • Texas Compliance Solar REC from CRS Listed Facilities Back Half
    • North American Renewables Registry™ (“NAR”)
      • NAR Registered RECs from CRS Listed Wind Energy
        Facilities
      • NAR Registered RECs from CRS Listed Solar Energy
        Facilities
    • Western Renewable Energy Generation Information System (“WREGIS”)
      • California Portfolio Content Category (PCC) 3 RECs
      • WREGIS RECs from CRS Listed Wind Energy Facilities Front Half
      • WREGIS RECs from CRS Listed Wind Energy Facilities Back Half
  • Renewable Fuel Credits
    • California Low Carbon Fuel Standard (LCFS)
    • Oregon Clean Fuels Program
    • Renewable Identification Numbers (RINs)
      • D3- Cellulosic biofuel
      • D4- Biomass-based diesel
      • D5- Advanced biofuel
      • D6- Renewable biofuel
    • Renewable Natural Gas Certificates
  • SO2/NOx Emissions
    • CSAPR SO2 Allowances
      • CSAPR TR SO2 Group 1 Allowances
      • CSAPR TR SO2 Group 2 Allowances
    • CSAPR NOx Allowances
      • CSAPR NOx Ozone Season Group 2 Allowances
      • CSAPR NOx Ozone Season Group 3 Allowances
      • CSAPR TR NOx Annual Allowances