2013-01-09 10:00:17 - Stage set to electrify trading on Carbon Trade Exchange (CTX) and its US based partner, Texas Climate & Carbon Exchange (TCCX).

Sydney: 9th January 2013

The California Air Resources Board (ARB) has approved the American Carbon Registry (ACR) as an Offset Project Registry (OPR) for the California Cap-and-Trade Program, setting the stage to electrify trading on Carbon Trade Exchange (CTX) and its US based partner, Texas Climate & Carbon Exchange (TCCX).
As an OPR, ACR will work with ARB to oversee the registration and issuance of registry offset credits developed using ARB’s compliance or early action offset protocols. Registry offset credits are eligible to be transitioned into ARB compliance offset credits that may be used in the Cap-and-Trade Program.
In a unique strategic alliance, CTX is the only exchange offering an electronic platform for ACR credits, further enhanced by CTX's recent link with APX

Registry (formerly NYSE Blue), which provides ACR’s technical registry infrastructure services.
“Our relationship with CTX offers both buyers and sellers of ACR-registered offsets an efficient, transparent alternative to over-the-counter offset transactions,” said Mary Grady, director of business development for American Carbon Registry.
CTX provides a wholesale electronic trading platform for all major voluntary carbon standards, plus OTC trade facilitation for the EU ETS products (EUA’s and CER's).
As the world’s only electronic spot trading exchange for both ACR voluntary and registry offset credits, CTX plans to expand its presence in the US market early in 2013.
"We are incredibly excited about the emergence of new carbon markets across the globe. With our current registry connections, we can now facilitate trading both in multiple compliance jurisdictions and in the worldwide voluntary market,” says CTX founder and CEO Wayne Sharpe.
"CTX aims to continue to support the global growth of carbon markets with our unique infrastructure, and intends to work closely with international registries, credit standards and governments to provide the much needed technology to link international trading in emissions markets” says Sharpe.

About Carbon Trade Exchange
Carbon Trade Exchange is a global electronic exchange platform serving both the regulatory and voluntary carbon markets. The exchange provides a trusted marketplace where businesses can buy and sell, internationally recognised carbon credits, with confidence in the quality and origin of the products being traded.
Carbon Trade Exchange supports trading of all voluntary and compliance carbon credits and allowances from its operations in Sydney and London. With these strategic global locations and the ability to trade simply from any computer or mobile device with an internet connection, Carbon Trade Exchange can facilitate seamless trading 24/7. They have a dynamic and highly experienced management team supported by a global board of directors, led by Founder and CEO, Wayne Sharpe.
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Wayne Sharpe
CEO & Founder, of Carbon Trade Exchange
T: +61 (0) 2 8090 3434 | M: +61 (0) 412 147