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CCX Chairman Sandor To Speak On Carbon Markets - Leaders From Around The World To Gather In NYC This Week To Discuss Climate Change

Date 21/09/2009

Chicago Climate Exchange® (CCX®) Chairman and founder Richard Sandor will speak at two events this week on carbon markets and cap-and-trade as a tool to address climate change.

Sandor will deliver the keynote address today at a forum sponsored by The Ohio State University to examine trends and opportunities in the global energy market and evolving cap-and-trade legislation. On Tuesday he will be in New York where he will speak on market innovation at the Dow Jones Sustainability Indexes 10-Year Anniversary Celebration, part of the annual Climate Week taking place in New York City.

“Since CCX launched the world’s first greenhouse gas cap-and-trade program in 2003, our visionary members have shown that emissions reduction and management is not only doable, but cost-effective. These experiences show that well regulated markets and a rules-based, independently verified system can facilitate emissions management,” said Sandor. “It is fitting that we look to our cap-and-trade experience here in the United States – for example, CCX, RGGI and the Clean Air Act – as heads of state, forward-looking executives, and advocates meet at the United Nations this week to discuss addressing climate change.”

Sandor is a member of the design committee of the Dow Jones Sustainability Index.

Sandor also serves as Executive Chairman of Climate Exchange plc. Climate Exchange plc owns CCX, including the CCX-subsidiary Chicago Climate Futures Exchange® (CCFE®), as well as the European Climate Exchange (ECX). Climate Exchange plc is a publicly traded company listed on the AIM division of the London Stock Exchange (CLE.L).