Carbon-Trading Exchange Opens in Canada
June 2, 2008 11:11 AM | Posted by Patrick Greissing | Topic(s): International Policy/Programs
, Carbon Markets
The Montreal Climate Exchange, a joint venture with the Chicago Climate Exchange, has been opened in Canada. It is Canada's first carbon-trading forum that has the ultimate goal of helping reduce greenhouse gas emissions. Luc Bertrand, vice-chairman of the board of the Montreal Climate Exchange, said users of the credits will be companies that need to manage "the risk associated to their obligation in reducing emissions."