Geography of New Zealand are generated by greenhouse gases, mainly methane and nitrous oxide, which come from farming and agriculture. Organisms that grow inside of grazing animals' stomachs turn New Zealand's grass into methane. The increase of carbon dioxide in the air helps the plants to grow faster, but the long-term effects of climate change threaten farmers with the likelihood of more frequent and severe floods and droughts. Growers of kiwifruit, a major export in the horticulture industry of New Zealand, have experienced difficulties as a result of climate change. The recent warm winters are not providing the adequate cool temperatures needed for 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