CHICAGO CLIMATE EXCHANGE OFFICIALS MAY CHANGE EMISSIONS TARGETS

February 24, 2005
America's major voluntary carbon emissions trading program, the Chicago Climate Exchange (CCX), may adjust the "baseline" years that are used to target emissions reductions -- making it easier to attract more companies into the program. CCX officials are also considering other changes to the voluntary trading network, such as recognizing projects in developing countries. Several dozen companies have been participating since 2003 in the exchange, which creates a market for emissions credits for carbon dioxide (CO2) and other greenhouse gases,...


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