US Emissions House of the Year: JP Morgan

In a period marked by regulatory uncertainty, falling volumes and the withdrawal of some major players, JP Morgan’s commitment to the US emissions market has been recognised with Energy Risk’s award for 2012 US Emissions House of the Year

Energy Risk Awards 2012
Energy Risk Awards 2012

While other banks withdrew from the US environmental markets in 2011 and early 2012, JP Morgan has maintained its presence in the sector. In fact, the integration of RBS Sempra’s environmental trading business, completed in the second quarter of 2011, helped to expand JP Morgan’s client base. “We had a fairly active business with respect to carbon, renewable energy credits (RECs) and sulphur dioxide (SO2) and nitrogen oxides (NOx) prior to the RBS Sempra deal, but that acquisition brought a

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