Final Trading Position
The effective final CFI position was reached in November 2010 when the carbon credit price per metric ton of CO2 was between 10 and 5 US Cents, down from its highest value of 750 US Cents in May 2008. Trading reached zero monthly volume in February 2010 and remained at zero for the next 9 months when the decision to close the exchange was announced.
Read more about this topic: Chicago Climate Exchange
Famous quotes containing the words final, trading and/or position:
“Fine art, that exists for itself alone, is art in a final state of impotence. If nobody, including the artist, acknowledges art as a means of knowing the world, then art is relegated to a kind of rumpus room of the mind and the irresponsibility of the artist and the irrelevance of art to actual living becomes part and parcel of the practice of art.”
—Angela Carter (1940–1992)
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Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)
“The essence of spirit, he thought to himself, was to choose the thing which did not better one’s position but made it more perilous. That was why the world he knew was poor, for it insisted morality and caution were identical.”
—Norman Mailer (b. 1923)