The Green Movement Tries to Go Mainstream

There has been much said by green foes that ifOpportunities Summit in Colorado on March 19.
oil and gas prices go down, the green movementThe CCX involvement in the summit had
moving into mainstream financial circles will loseextraordinary support with candidates from 11%
impetus and remain in the province ofof the mainstream companies listed as being in
environmental friendly companies.the Fortune 500 attending. Representative of the
But, the carbon trading attack into mainstreamFortune 500 were companies like Honeywell,
violators of carbon dioxide caps, initiated bySafeway and DuPont. Of course, there were
Richard Sandor in 2003 has become moremany Colorado based firms including the American
successful than foes ever contemplated.Farmers Union.
What Richard Sandor did in 2003 was to sellAll participants of the CCX involved in the summit
greenhouse gases into marketable shares. Hemade a voluntary agreement to work to achieve
started his own stock exchange in Chicago bythe greenhouse emission standards worked out
trading natural energy producing methods orby the CCX or the Chicago Climate Exchange.
offsets for metric tons of greenhouse gasesCCX basically works like this. All members agree
including carbon dioxide. Mainstream industrialiststo reach the levels of greenhouse emissions
quickly bought into his project and are coveringapproved by the CCX. If any company manages
their factories greenhouse gases with projects liketo reach an even lower level than what they are
the wind tunnels. His project or stock exchangeallowed to emit, they will have earned an extra
or trading in the future of our planet's air is calledallowance of offsets that they can trade or bank.
The Chicago Climate Exchange.If they emit greenhouse gases that exceed their
Richard Sandor spoke at the Sustainablelimits, they must buy offsets.