Sentence examples for climate exchange work from inspiring English sources
But the government regulations and registry of companies needed to make a climate exchange work do not yet exist in Canada.
They exchange work, buy friends' work.
"Every time you burn fossil fuels you create carbon," Mr. Sandor of the climate exchange said.
This month, the exchange announced plans to start trading credits for carbon-dioxide emissions, a scheme modelled on the Amsterdam-based European Climate Exchange set up last year.
Other carbon exchanges are also under development, including the Indian Climate Exchange, a planned joint venture between the Chicago Climate Exchange and leading Indian industrial companies.
One reason companies are involved with the climate exchange is to prepare for mandatory requirements they foresee.
In May 2010 ICE agreed to purchase CCX and its parent company Climate Exchange, along with two of its other exchanges (Chicago Climate Futures and European Climate Exchange), for $603 million.
"I think [the climate exchange] is Richard's best idea yet," says Leslie Rosenthal, former chairman of the Chicago Board of Trade and vice chairman of the climate exchange.
Paula DiPerna, Chicago Climate Exchange.
In comparison, the voluntary Chicago Climate Exchange (CCX) price has been around $3 4/tCO2.
"They want to make sure the exchanges work".
