Texas Climate & Carbon Exchange (TCCX) is an emissions offsets mercantile dedicated to global trading of carbon offsets and credits for cities, corporations, utilities and individuals in exchange for hard currency, credit, goods and services. TCCX was established in 2011 as both a voluntary greenhouse gas reduction and offset trading program, as well as a cap and trade offset trading program. TCCX will help businesses, industries and individuals to monetize their voluntary emissions reductions efforts, while preparing for potential regulation at the local, statewide, national and international levels. Market participants will include major corporations, oil and gas companies, utilities, building owners, national retailers, and financial institutions, with activities in all 50 United States, Canada, and other countries around the world. Commodities traded on the TCCX include carbon offsets, renewable energy credits, emissions allowances and other environmental attributes.