Business abandons only US carbon market
5 Nov 2010

Jeff Sprecher ... cap and trade a loss-maker.
United States businesses seem to have called time on the only national carbon trading market, blaming an absence of legislation as emissions-trading laws remain mired in Congress.
The Chicago Climate Exchange (CCX) operates a cap-and-trade scheme which, since its launch in 2003, has attracted major players such as Ford, Bank of America, IBM and Intel.
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