 | |
| Type | Stock exchange |
|---|---|
| Location | Chicago, United States |
| Founded | 2003 |
| Owner | Climate Exchange PLC |
| Key people | Richard L. Sandor (founder) |
| Currency | United States Dollar |
| Volume | 680 million metric tons of CO2 |
| Website | www |
The Chicago Climate Exchange (CCX) was a voluntary, legally binding greenhouse gas reduction and trading system for emission sources and offset projects in North America and Brazil.
CCX employed independent verification, included six greenhouse gases, and traded greenhouse gas emission allowances from 2003 to 2010.[1][2] The companies joining the exchange committed to reducing their aggregate emissions by 6% by 2010. CCX had an aggregate baseline of 680 million metric tons of CO2 equivalent.[3]
CCX ceased trading carbon credits at the end of 2010 due to inactivity in the U.S. carbon markets,[4][failed verification] although carbon exchanges were intended to still be facilitated.[1][2]
- ^ a b Lavelle, Marianne (November 3, 2010). "A U.S. Cap-And-Trade Experiment to End". National Geographic. Archived from the original on November 5, 2010. Retrieved February 3, 2016.
- ^ a b Weitzman, Hal. "End of US carbon trading looms". Financial Times. Retrieved November 7, 2010.
- ^ CCX Program-Wide Baseline and Compliance Reports "Chicago Climate Exchange: Program-Wide Baseline and Compliance Reports". Archived from the original on April 24, 2010. Retrieved May 24, 2010.
- ^ "ICE cuts staff at Chicago Climate Exchange-sources". Reuters. August 12, 2010. Retrieved February 3, 2016.