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Cap-and-trade exchange calls it quits


November 22, 2010
By New York Times

November 18, 2010,
Chicago, IL – The only national carbon cap-and-trade exchange in the United
States is shutting down because of Congressional inaction on limiting
emissions, company officials say.

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}p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 0.0001pt; font-size: 16pt; font-family: Times; }div.Section1 { page: Section1; }November 18, 2010,
Chicago, IL – The only national carbon cap-and-trade exchange in the United
States is shutting down because of Congressional inaction on limiting
emissions, company officials say. 

The Chicago Climate
Exchange
is a voluntary but legally binding greenhouse gas emissions allowance
trading system modeled after a federal cap-and-trade program from the 1980s
that successfully curbed emissions tied to acid rain.

Click here to read more.


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