Wednesday, July 25, 2007

Bank of America in carbon exchange joint venture

(Reuters) - BofA said in March it would invest $20 billion over the
next 10 years in environmental markets, which are expected to
grow as governments lay down tougher rules to curb emissions of
the greenhouse gases blamed for global warming.




Under the joint venture the bank would also market Chicago
Climate Exchange carbon offsets to its customers when
BofA launches an emissions trading operation later this year.


Read more at Reuters.com Mergers News

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