In this month’s issue, Olga Gorstenko discusses the European Commission’s ambitious proposal for EU environmental goals and emissions targets. Her editorial letter also addresses the U.S. President’s discussion of environmental issues in his recent State of the Union address. Peadar Walsh covers the history of commodity exchanges and the development of exchanges in new markets, including the Middle East and Asia. Numerous short articles provide updates on events in the energy, commodities, and financial markets in the month of January, including the launch of MISO South, CAISO’s blueprint to integrate EVs into the California grid, and more.