[STARWISE]

Carbon Could Be No. 1 Commodity: Exchange Chief
Published: Monday, 26 Apr 2010
By: Natalie Erlich
Writer/Producer

Carbon trading is set to become the world's largest commodity market, Richard Sandor, chairman and founder of the Chicago Climate Exchange, told CNBC.com.

“Carbon, when it becomes worldwide, will be unambiguously the largest commodity in the world,” Sandor said in an interview. “The world emits 35 billion tons; it’s priced at $20; that’s $700 billion. Put a 10-20 multiple like you do on futures, [and] you’re talking about $10 trillion at maturity.”

SEE VIDEO ON THE LEFT SIDE - RICK SANTILLI INTERVIEWS SANDOR

[cripplecreek]

I suggest looking at the Apollo Aliance as well. Interesting gallery of interconnected clowns sitting on that board as well.

http://apolloalliance.org/about/board/

[STARWISE]

Chicago Climate Exchange poised for fast growth

By: Ann Saphir July 28, 2007

Excerpt: "People looked at us like we were insane and smoking something, given it was Berkeley," Mr. Sandor recalls.

His idea broke big in 1975, when, as the Chicago Board of Trade's chief economist, he invented the interest-rate futures that eventually cemented Chicago's place as the world's derivatives capital.

Today, Mr. Sandor appears on the cusp of another breakthrough. His Chicago Climate Exchange is positioned for breakneck growth as lawmakers prepare to mandate carbon-emissions trading, thrusting what had been an idealistic and marginal local marketplace into the forefront of the fight against global warming.

Chicago Climate Exchange Chairman and CEO Richard Sandor, left, and Mayor Richard M. Daley announced the opening of the exchange in 2003.