Electric vehicle standardization across platforms, models and manufacturers. Swapping also requires many times more battery packs to be in the system. According to Department of Energy research conducted at Pacific Northwest National Laboratory, 84% of existing vehicles could be switched over to plug-in hybrids without requiring any new grid infrastructure. In terms of transportation, the net result would be a 27% total reduction in emissions of the greenhouse gases carbon dioxide, methane, and nitrous oxide, a 31% total reduction in nitrogen oxides, a slight reduction in nitrous oxide emissions, an increase in particulate matter emissions, the same sulfur dioxide emissions, and the
Chicago Climate Exchange were intended to still be facilitated. Until July 2010, CCX was operated by the public company Climate Exchange PLC, which also owned the European Climate Exchange. Richard Sandor, creator of the Sustainable Performance Group, founded the exchange and has been a spokesman for it. The exchange traded in emissions of six gases: carbon dioxide, methane, nitrous oxide, sulfur hexafluoride, perfluorocarbons, and hydrofluorocarbons. CCX started trading in October 2003, prior to the commencement of trading in the European Union through the ETS system. IntercontinentalExchange (), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, announced in