Bump. Excellent article. The Goreacle is pretty quiet these days...no doubt preparing for round 2.
THe Nobel committee should be getting an article out real soon, too. Two years, awards to two losers. Hah!
Al Gore should be in jail. Plain and simple the man has committed crimes against humanity. Anyone and i mean anyone that ever voted for the guy needs a complete mental examination. He is lucky he can get one foot in front of the other let alone tie his shoes.
Every now and then a story posts in the a.m. here at FR that puts almost as big as smile on my face as a good romp in the hay!
These nimrods won’t quit, tho. They’ll have some new racket in the works. We must remain vigilant!
Its still alive in Oregon and Cal.
Pray for America
Could someone please lock Gore in a stable with a dozen Beano-fed horses?
He might learn something!
This little commie professor, used gummint grant money, starts a fraudulent exchange, and is rewarded with $100 million.
Now he can go off and cause some real damage.
Incredibly (but not surprisingly), although thousands of news articles have been published about CCX by the lamestream media over the years, a Nexis search conducted a week after CCXs announcement revealed no news articles published about its demise.
theres no reason to cry for Sandor. He received $98.5 million for his 16.5% stake in CCX when it was sold. Not bad for a failure that somebody else financed.
The CCX was the brainchild of Northwestern University business professor Richard Sandor, who used $1.1 million in grants from the Chicago-based left-wing Joyce Foundation to launch the CCX. For his efforts, Time named Sandor as one of its Heroes of the Planet in 2002 and one of its Heroes of the Environment in 2007.
The CCX seemed to have a lock on success. Not only was a young Barack Obama a board member of the Joyce Foundation that funded the fledgling CCX, but over the years it attracted such big name climate investors as Goldman Sachs and Al Gores Generation Investment Management.
But a funny thing happened on the way to the CCXs highly anticipated looting of taxpayers and consumers cap-and-trade imploded following its high water mark of the House passage of the Waxman-Markey bill. With ongoing economic recession, Climategate, and the tea party movement, what once seemed like a certainty became anything but.
CCXs panicked original investors bailed out this spring, unloading the dog and its across-the-pond cousin, the European Climate Exchange (ECX), for $600 million to the New York Stock Exchange-traded Intercontinental Exchange (ICE) an electronic futures and derivatives platform based in Atlanta and London. (Luckier than the CCX, the ECX continues to exist thanks to the mandatory carbon caps of the Kyoto Protocol.)
The ECX may soon follow the CCX into oblivion, however the Kyoto Protocol expires in 2012. No new international treaty is anywhere in sight.
Prior to Climategate, I had read that Condi Rice was on the board of directors at CCX, with $2 million of her own money invested.
Anyone know more?
That's because they are ignorant of the damage statist policies are doing to the environment. There is a way to fix that.
listen... warming, cooling, it was 50/50. so i took a shot!!!
and the RATS, take another one in the..............................HA ha!!!
CCX= the tree falling in the forest that no one hears.
I’m devastated. I spent two years and a small fortune hunting up pygmy tribes in the Congo and buying up their carbon credits.
I was just waiting for the market to mature to make gazillions like Al Gore.
Now what? Does anyone wanna buy a Pygmy Carbon Credit Certificate cheap?