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The Carbon Exchange Markets

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The Carbon Exchange Markets
• The Main Markets for Carbon Exchange ✓ About Chicago Climate Exchange (CCX)
Chicago Climate Exchange (CCX), launched in 2003, is the world’s first and North America’s only active voluntary, legally binding integrated trading system to reduce emissions of all six major greenhouse gases (GHGs), with offset projects worldwide.

Please see http://www.chicagoclimatex.com/

✓ About European Climate Exchange (ECX)
The European Climate Exchange (ECX) was launched by CCX in 2005, and is now the leading exchange operating in the European Union Emissions Trading Scheme. Since 2006, CCX and ECX have been owned by Climate Exchange PLC, a publicly traded company listed on the AIM division of the London Stock Exchange.

ECX manages the product development and marketing for ECX Carbon Financial Instruments (ECX CFIs) futures and options contracts, listed and admitted to trading on the ICE Futures electronic platform. ECX/ICE Futures is the most liquid, pan-European platform for carbon emissions trading, attracting over 80% of the exchange-traded volume in the market. ECX emissions futures contracts are standardized and all trades are cleared by LCH. Clearnet.

More than 65 leading businesses, including global companies such as ABN AMRO, Barclays, BP, Calyon, E.ON UK, Fortis, Goldman Sachs, Morgan Stanley and Shell have signed up for membership to trade ECX products. In addition, several hundred clients can access the market daily via banks and brokers.

For further information, please see http://www.europeanclimateexchange.com/

✓ About NYMEX – The Green Exchange
NYMEX launched The Green Exchange initiative with various environmental contracts that began trading during the first quarter of 2008. These contracts are listed for trading on the CME Globex electronic trading platform, where other NYMEX contracts are traded. Following CFTC designation as a contract market, The Green Exchange then is anticipated to offer the broadest slate of environmental

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