Carbon Mercantile Exchange
Instructions, Legal and Privacy
The Carbon Mercantile Exchange (CMX) is a service that allows you to trade carbon dioxide, methane, sulfur dioxide, nitrogen oxides, and mercury. Participants can reduce their "emission footprint," the total emissions created by driving, flying, usnig electricity and other activities, by utilizing the service. CMX can be used to complement other emissions offset programs. CMX is easy to use and fully transparent. All transactions are open for public review.
CMX is a free service to users and is supported by the Carbon Dioxide Reduction (CDR) Program and the Green Carbon Bank (GCB). The CDR Program is designed to reduce emissions of the primary greenhouse gas from vehicles by promoting the use of broadband telecommuting to take vehicles off of the road. The GCB promotes the creation of new sources of emission-free electricity. These offsets are for new sources of emission free production of electricity. In addition to carbon dioxide, offsets can be taken for methane, sulfur dioxide, nitrogen oxides and mercury.
Contact the exchange and place your offer. Offers will be listed on the Exchange Board. The market controls the prices of emissions offsets. Offerers and Purchasers will be placed in contact with each other via email to complete their transactions. The purchase will be listed on the Exchange Board.
Written communications can be sent to CMX at 9903 Caltor Lane, Ft. Washington, MD 20744. Question: call (301) 265-8185.
CMX rates are listed below. The rates are listed for example purposes only and do not limit the free exchange of emissions offsets traded on the CMX. Tons for methane, sulfur dioxide, nitrogen oxides, mercury and HFC-23 are only available in units of 200.
Plane: 5 cents per mile
Car: 1 cents per mile or $.20 per gallon
House: $ 1 per day
|Compound/Element||Price Per Pound||Price Per Ton|
|Carbon Dioxide||$ .01||$ 20|
|Methane||$ 1||$ 10|
|Sulfur Dioxide||$ 1||$ 10|
|Nitrogen Oxides||$ 1||$ 10|
|Mercury||$ 1||$ 10|
|HFC-23||$ 1||$ 10|
|Green Power||15 Cents Per KWH|
EPA Greenhouse Gas Calculators
The Carbon Dioxide Reduction (CDR) Program complements the Carbon Mercantile Exchange service. The CDR reduces greenhouse gas emissions from vehicles by recruiting companies and individuals to participate in a flexible work schedule that will primarily include telecommuting, but could also utilize other practices and technologies. Total emissions of carbon dioxide in the United States and its territories were 5,795.6 million metric tons in 2002, according to the Energy Information Administration . Carbon dioxide emissions from the transportation sector, at 1,849.7 million metric tons, accounted for 32.3 percent of total U.S. energy-related carbon dioxide emissions in 2002. (EIA)
The CDR Program is designed to reduce emissions of the primary greenhouse gas from vehicles by promoting the use of broadband telecommuting to take vehicles off of the road, thus eliminating the CO2 that would have otherwise been emitted during the drive to and from work. The Center will work with other companies, institutions and organizations to recruit participants for the program. The Center will partner with a primary partner companies (PCP) that are promoting a broadband-based climate change program to serve as a verification entity for our participant recruiting.
The Center will recruit participants from companies, institutions and organizations to sign up for flex work telecommuting. The employer or the individual, the participant partner companies (PPC), will join the CDR Program and the employer or individual will certify by letter that they have signed up for the program. The employer or the individual will send the certification to the Center's primary company partner, which will verify that the employer or individaul is participating in the program. The PCP will send the letter to the Center and that letter will be the collateral for the carbon dioxide allowance. The Center will calculate the CO2 reduction and deposit the credit into our Carbon Mercantile Exchange. The Center will send a certificate to the company or the individual noting the amount of the carbon dioxide reduction.
The Carbon Mercantile Exchange (CMX) is a service provided by the Center that allows for trading carbon dioxide, methane, sulfur dioxide, nitrogen oxides, and mercury. Participants can reduce their "emission footprint," the total emissions created by driving, flying, usnig electricity and other activities, by purchasing allowances from the exchange. CMX can be used to complement other emissions offset programs. CMX is easy to use and fully transparent. All transactions are open for public review. The CMX will market the offsets to entities that want to reduce or eliminate their carbon dioxide footprint.
The CDR Program intends to demonstrate how broadband can be used to reduce global warming. Broadband is a transmission method where multiple pieces of data are sent simultaneously to increase the effective rate of transmission and can handle a wide range of frequencies that can be divided into channels. Broadband makes it possible to use multiple applications at once, such as email, surfing multiple websites using Windows, Skype webcam and text, editing a blog and uploading videos to YouTube all at the same time. Broadband makes it possible for people to work from home or even run a virtual office from home.that illustrates the possibilities for the wide adoption and use of broadband as an important tool in addressing major environmental issues like climate change. Broadband can be an effective tool for environmental protection by using "intelligent technologies" that more precisely calibrate energy use; make cars, appliances, buildings, airplane engines, and industrial processes more energy efficient; and assist in reducing the need for energy-intensive travel can significantly cut back on the use of carbon based fuels.
CMX shall hold harmless all users of this service in the event of any suit arising out of the activities of CMX or its subagents. All users of the CMX service shall hold harmless CME, its agents and subagents and assigns in the event of any suit arising out of the activities of any user.
By using the CMX service, you agree to the conditions described in Instructions, Legal and Privacy titles. This Agreement contains the entire understanding of the parties and supersedes all previous verbal and written agreements; there are no other agreements, representations, or warranties not set forth herein.
CMX warrants that the performance of the services and the use of any deliverables will comply with all applicable laws, rules, orders and regulations.
CMX is a project of the Center for Environment, Commerce & Energy. All rights reserved.
Confidentiality. CMX understands that information and records provided to or made available about participants in and clients of services are considered public.
The CMX is a free on-line emissions offset clearinghouse service. Our mission is to promote verifiable reductions in greenhouse and smog-forming gases. The service is open to everyone. It is a market-based system that will rely on the goodwill of the participants to conduct honest trades.
Ultimately, we hope the service will be a dynamic portal that will serve as a gateway for innovative emissions reductions. We hope participants will use the service often. We hope that CMX will be one part of a global effort to reduce global climate change and smog in our cities.
|Washington, D.C. - Oct. 19, 2006
To provide the public with the most up-to-date
information on climate change, EPA has unveiled its new
climate change Web site. The site provides the latest
scientific information and highlights a wide range of
U.S. government programs that are actively addressing
climate change at the local, state, national and
international levels. The updated Web site still contains
all information that was on EPA's global warming Web site
but organizes it for easier access and adds new
information. The climate change site was developed by EPA
in collaboration with other federal agencies. The
scientific information it contains reflects consensus
findings from U.S. and international organizations. The
web site has five primary sections: Science, U.S. Climate
Policy, Greenhouse Gas Emissions, Environmental Effects,
and What You Can Do.
Visitors to the site will find educational tools and information to help the public understand their personal impact on climate change, including a list of 30 practical steps people can take to reduce their emissions. Visitors will also find a calculator to help them estimate their "carbon footprint" the greenhouse gas emissions produced in the course of everyday activities.
The United States is working aggressively to address climate change through voluntary programs, but there are many cost-effective ways for individuals and organizations to take action. For example, you can reduce your greenhouse gas emissions through simple measures, such as:
· Using Energy Star labeled products such as light bulbs, appliances, and heating-cooling systems: http://www.energystar.gov/
· Sealing and insulating your home: http://www.energystar.gov/home
· Driving a fuel-efficient car or truck: http://www.fueleconomy.gov/
· Purchasing green power: http://www.epa.gov/greenpower/