Paris, 13 April 2011: Commodities Now

BlueNext will launch its "Safe Zone" trading market, under its Safe Harbour Initiative™, on May 3rd, 2011. Only units whose chain of title can be traced back to their source will be allowed to trade thereafter on BlueNext. This will create a significant barrier to current and future fraud for BlueNext and its members; and help restore the stability and strength of the Spot price.

To achieve this, members of the exchange must give Read-Only access to their operator allowance accounts. Then BlueNext will securely trace back the chain of title back to its source of issuance. Only by tracking the chain of the title to the source can the market be assured that there is no question to a permits' integrity and hence value or ability to be used as a compliance instrument.

Jérôme MALKA, Managing Director at ORBEO said: "ORBEO strongly supports this vital initiative from BlueNext. Transparency, security and trust are essential for the existence of the carbon market, its development and its efficiency is a key tool to fight climate change. The current infrastructure, supervision and governance deficiencies have placed an unsustainable level of risk on market participants. We believe the BlueNext initiative will restore confidence, increase liquidity and provide an appropriate benchmark price for the market".

François-Xavier Saint-Macary, CEO of BlueNext said "Recent events in the Carbon Market have rocked its foundations to the point where it would not be an exaggeration to say the very future of the Carbon Market is at stake. As a result, we have had no choice but to construct a new system - one in which our members can be assured of the integrity of the units being traded on the exchange. This we've only been able to achieve with the support and commitment of our members of which we are truly grateful. Trust and confidence in the physical carbon markets can now be restored."

Brian Storms, Chairman and CEO of NYSE Blue, "We can now put behind us this period of uncertainty and restore faith in the spot market and the EU Emissions Trading System as a whole. Bluenext members can now be certain of the genealogy of each unit traded on the exchange."

Pierre Ducret, Chairman and CEO of CDC Climat and Vice President of BlueNext Said that "Once again, BlueNext has shown its capacity to offer innovative and secure solutions for all markets participants. Its Safe Harbour Initiative is the first, and currently the only, solution coming from the carbon market that is able to restore confidence in the EU ETS in the short term."

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