carbon market opens

Hi
This from todays ABC.
http://www.abc.net.au/news/stories/2007/07/23/1985381.htm

"Carbon trading market opens in Melbourne

Australia's first carbon trading market is being launched in Melbourne today.

The Australian Climate Exchange (ACX) aims to make cleaner technologies more competitive and will also monitor government-approved reductions in greenhouse emissions, which will be traded between businesses.

ACX Limited managing director Tim Hanlin says businesses are not prepared to wait until Prime Minister John Howard introduces his proposed scheme.

"He's proposing a carbon trading scheme in 2012 and [the] Australian Climate Exchange is actually doing one now, so that's where it fits in," he said.

"This is a voluntary emissions trading market and it's business to business trading of greenhouse gas emissions."

Mr Hanlin says there are plenty of businesses keen to take part.

"The clean technologies are actually looking for that extra piece of value, that actually makes their product competitive," he said.

"So by these organisations buying the credits or buying the offsets, what they're doing is virtually sponsoring clean technology.""

Anyone know if COZ is involved? Here is a link to the site - http://www.climateexchange.com.au/index

Cheers
JD