Environmental risk management is increasingly important for all sectors of business. Financial risks include physical, regulatory, competitive, legal and reputational ones. Market mechanisms have proven to be a cost-effective means for reducing emissions and CCFE’s regulated exchange facilitates both efficient trading and least-cost environmental protection.
Chicago Climate Futures Exchange (CCFE) announced plans to wind down operations in August of 2011. Effective as of February 28, 2012 there is no remaining open interest in contracts at CCFE and all contracts have been delisted.