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  • Author:
  • Published: Nov 16th, 2010
  • Category: USA
  • Comments: 1

US Carbon Trading Shuts Down, While Other Nations Step In To Fill the Void


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Americas only nationwide carbon trading market will shut its doors next month, a tacit acknowledegment that Republican gains in Congress spell doom for any sort of federal greenhouse gas regulations. But other countries even mega-polluter China are ready to fill the void.

Since 2003, the Chicago Climate Exchange, North America’s only cap and trade system for all six greenhouse gases, has operated a voluntary trading network where companies can set targets for annual emissions of carbon dioxide. Those that meet or exceed their targets can sell surplus carbon credits to companies that fall short. Firms like Ford, Bank of America, IBM and Intel signed up, according to the Financial Times. It was always voluntary, but the exchange operated with the expectation that carbon trading would one day be mandatory.

Related posts:

  1. Montreal Exchange Begins Carbon Trading
  2. Domtar Joins Chicago Climate Exchange
  3. Europe to Ask Wealthy Nations to Adopt Carbon Trading System
  4. The Great Collapse of the Carbon Trading Chicago Climate Exchange
  5. Chicago 2016 joins Climate Exchange

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One Response to “US Carbon Trading Shuts Down, While Other Nations Step In To Fill the Void”



  1. on Nov 30th, 2010
    @ 10:07 pm

    Dear Sir,

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    SOME MORE FACTS ABOUT ME & MY JOB RESOPONSIBILITES

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    v Doing Market Research after any new product being introduced by Our Overseas Supplier.
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    Thanks so much for giving your precious time to read my request and I will be very grateful to you if you give me chance to prove myself.

    Hope to see your favourable reply soon and incase you require any additional information, please let me know.

    Thanks a lot in advance.

    Best Regards
    Ms. Nehaa Kapoor

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