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Chicago Climate Exchange

What's the definition?
The Chicago Climate Exchange (CCX) is a system for trading greenhouse gas emissions. Members of the Exchange commit to reduce their greenhouse gas emissions by 2006, the last year of the pilot program. The Exchange claims to have the following two objectives: firstly, build "institutions and skills needed to cost-effectively manage greenhouse gas emissions"; secondly, influence "the debate on appropriate acting for managing the risk of global climate change".






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Exchanges


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