Chicago Climate Exchange live in Octoberwith contract sale
The Chicago Climate Exchange (CCX), a greenhouse gas (GHG) emissions market, will start trading on October 10, it said in August. CCX also said it has contracted Atlanta-based online commodities exchange IntercontinentalExchange (Ice) to design, provide and service its electronic trading platform.
The exchange has also been slow to gain traction, partly because the US has noplans to impose formal controls on carbon dioxide emissions. CCX hopes eventuallyto host allowance trading for CO2, methane, nitrous oxide, perfluorocarbons,hydrofluorocarbons and sulphurhexafluoride.
Fourteen major North American firms – or North American
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