The World Resources Institute (WRI) [4] is the first Non-Governmental Organization (NGO) to become a charter member of the Chicago Climate Exchange (CCX) [5].
Carbon emissions trading at Chicago Climate Exchange is a market mechanism designed to discover economies and efficiency. Companies engineering solutions to greenhouse gases can cap emissions and trade for credits with industries still struggling to implement clean practices. The CCX is the brainchild of Dr. Richard Sandor, an innovator in environmental finance [6].
The addition of a serious environmental research and policy outfit like WRI is a much-needed counterbalance to the industrial heavyweights of the Exchange's Founding Members. At least now the rest of civil society knows to which international conference they should march for the next round of global protests.
For more info on the Dr. Sandor's magical money manipulations and the alchemy of environmental finance, read his papers here [7]. Every philosopher of alternative economics should be aware of what's still possible in the corrupt old system, just imagine how these tricks would work with complementary currencies!
World Resources Institute
WRI.org [8]
CCX
ChicagoClimateExchange.com [9].
Environmental Finance
EnviFi.com [10]
