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Chicago Climate Exchange shuttering emissions trading

cce 300x65 Chicago Climate Exchange shuttering emissions tradingThe Chicago Climate Exchange will be shutting down at the end of the year. This was due to many factors, one such is the lack of interest of passing cap and trade laws in the US.

This is not good news for cap and trade proponents as it will nearly end the trading of emissions credits in the United States. IntercontinentalExchange (ICE) bought CCE after spending around $600 million for it. European operations will continue however.

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