The Chicago Climate Exchange (CCX) was North America’s only voluntary, legally binding greenhouse gas (GHG) 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. 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.
Read more about Chicago Climate Exchange: Climate Exchange PLC, Final Trading Position, Carbon Sequestration Atlas of The United States and Canada, Components of The Trading System, Participants
Famous quotes containing the words chicago, climate and/or exchange:
“Must we really see Chicago in order to be educated?”
—Oscar Wilde (18541900)
“Is not their climate foggy, raw, and dull,
On whom, as in despite, the sun looks pale,
Killing their fruit with frowns?”
—William Shakespeare (15641616)
“Even if you find yourself in a heated exchange with your toddler, it is better for your child to feel the heat rather than for him to feel you withdraw emotionally.... Active and emotional involvement between parent and child helps the child make the limits a part of himself.”
—Stanley I. Greenspan (20th century)