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Chicago Climate Exchange

The Chicago Climate Exchange (CCX) is North America’s only, and the world’s first, greenhouse gas (GHG) emission registry, reduction and trading system for all six greenhouse gases.
CCX is a self-regulatory, rules-based exchange designed and governed by CCX members. Members make a voluntary but legally binding commitment to reduce GHG emissions. The CCX reduction program through 2010, will require all members to reduce GHG emissions 6% below baseline.

The goals of CCX are:

To facilitate the transaction of greenhouse gas emissions, carbon trading with price transparency, design excellence, and environmental integrity.
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To build the skills and institutions needed to cost effectively manage greenhouse gas emissions.
To facilitate capacity-building in both public and private sector to facilitate greenhouse gas mitigation.
To strengthen the intellectual framework required for cost-effective and valid greenhouse gas reduction.
To help inform the public and debate on managing the risk of global climate change.

 

 

 


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