A small stock exchange in Toronto has become a global hub for companies trading in voluntary carbon offsets and more growth is expected, raising questions about the effectiveness of the new investments for fighting climate change.
The Cboe Canada exchange has become the “most public venue” in North America for companies selling voluntary carbon offsets to list their shares and raise capital, a senior executive said.
“I have not seen any other exchanges pushing that agenda [of voluntary carbon offsets] the same way we have,” Erik Sloane, chief revenue officer for the Cboe Canada exchange, said in an interview. “We are