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Keyword: ccx
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Not content with having invented the internet, the great Climate Science communicator Al Gore appears to have developed still more miraculous skills of late: the ability to turn 17,000 into 8.6 million – just like that. The figures refer to the number of "views" for Gore's special "24 Hours Of ManBearPig" which this column helped celebrate the other day. Gore claims that as many as 8.6 million flocked to his thrilling festival of climate fear; but a nasty cruel man called Charles the Moderator at Watts Up With That? has "done the math" and reckons the figure is probably more...
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The European carbon market has been thrown into turmoil after the scandal-hit scheme was suspended for a week over suspicions of fraud. More than €2bn (Ł1.7bn) of trade is likely to be disrupted after the European Commission said it would prevent transactions until January 26. The suspension follows allegations that 475,000 carbon credits worth €7m were stolen in a hacking attack on the Czech carbon register. It appears that the intangible allowances were bounced between eastern European countries before disappearing without a trace. France's Bluenext exchange was the first to close its platform, while Austria, Poland, Estonia and Greece also...
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Link only - The Chicago Climate Club Gets Capped
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Scam artists from around the world, capitalizing on lax regulations at the Danish emissions trading registry, have made off with an estimated $7-billion over the last two years, according to Europol. Denmark’s Office of the Auditor General is now investigating the fraud, which occurred after the Danish registry dropped requirements that carbon traders be documented. While allowing a free-for-all served the carbon market on the short term, by appearing to inflate the interest in carbon as a commodity, it ultimately backfired when much of the trading proved to be phony. Read more: http://opinion.financialpost.com/2010/12/05/lawrence-solomon-the-7-billion-carbon-scam/#ixzz17RgHIzXh
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California hasn’t learned from the failure of the Chicago Climate Exchange this year, when a ton of Carbon traded for a mere 5 cents. Nobody wanted to buy it even at that ridiculously low price. But, like a zombie, carbon trading rises again in brain dead broken California.final day on CCX - click to enlarge Now the the AB32 madness begins, and PCarbX (which sounds like some over the counter antacid remedy) is the new trading scheme. I give it two years, max. Here’s the story from the San Francisco Chronicle.California poised to enter carbon-trading marketAndrew S. Ross Today could...
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It’s become a predictable annual rite. Several weeks prior to each global warming gabfest, breathless news stories, editorials, op-eds and pontifications begin hitting the airwaves and print pages, reaching a crescendo as the conference opens. So it was with Copenhagen; so it is with Cancun. Actually, it may be worse this year. ClimateGate, bogus IPCC “studies” about disappearing Himalayan glaciers and Amazonian rainforests, the global economic recession, the Copenhagen disaster, soaring EU and UK energy prices, Spain’s collapsing green energy industry, and eroding public belief in manmade Climate Armageddon have ushered in growing unease within the alarmist camp. Now unease...
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One of Al Gore's campaigns to save the planet has scaled back its field operations since climate legislation failed earlier this year in Congress. The Alliance for Climate Protection was operating in about 25 states at its peak, including Florida, Michigan, Missouri, New Hampshire, Ohio and Pennsylvania. But the group now has field offices in just seven states. "We've always believed it’s a mobile and nimble operation," said Sean Sarah, the non-profit group's spokesman. "We move to areas where it’s most effective. Of course the situation in Congress has changed. So our strategies and tactics have changed along with it."...
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The last fertilizer trading market, at the Chicago Climate Exchange, died and closed due to nobody wanting to buy the brand of fertilizer they were selling. Besides that example, I have to think this might not fare any better, simply because farmers really don’t want yet another intrusion into their lives by the Maryland Department of the Environment. Image: Tiny Farm Blog - click for more From the University of Maryland:Rewarding Eco-Friendly Farmers Can Help Combat Climate ChangeUMD Study Advises State on Creation of ‘Nutrient Trading Market’COLLEGE PARK, Md. – Financially rewarding farmers for using the best fertilizer management practices...
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I wrote a few weeks ago that The only lower price than today’s closing price on a ton of carbon is ZERO. That’s true now more than ever. See the chart below from yesterday’s close of the Chicago Climate Exchange: [snip] And it’s still crashing. Last week the Chicago Climate Exchange (CCX) announced that they were scrapping the existing carbon trading program, and focusing on a new one that deals with directly sold carbon offsets rather than open trading.
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A cap-and-trade system for carbon emissions has been touted by environmentalists as a market-friendly mechanism to reduce global warming. Well, the market has spoken. The Chicago Climate Exchange, which advertises itself as "North America's only cap and trade system for greenhouse gasses," is shutting down.
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Climate Fraud: As the case for global warming and cap-and-trade has collapsed, so too has the market that was to exploit this manufactured crisis for fun and profit. The climate-change bubble has burst. Lost in the hubbub leading up to the Republican and Tea Party tsunami on Nov. 2 was the collapse of the Chicago Climate Exchange (CCX). But its implications for the future of the American economy and the business climate are staggering: It is an acknowledgment that both the case for climate trade and cap-and-tax legislation has also collapsed. On Oct. 21 the exchange announced it was ending...
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Public carbon trading dead in the USA Posted on November 8, 2010 by Anthony Watts Gore’s grand experiment has flatlined. As we reported almost two weeks ago, the Gore and Pachauri advised Chicago Carbon Exchange (CCX) has closed. Closing price? A nickel per ton of CO2.Here’s the final day closing page for posterity:A 16 lb bag of charcoal briquettes is worth more than a ton of CO2. About 220x more. Here’s more on the story:Carbon Trade Ends on Quiet Death of Chicago Climate ExchangeBy John O’SullivanRepublican mid-term election joy deals financial uncertainty among green investors as the Chicago Climate Exchange announces...
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OAKLAND, CA — A tough political atmosphere in which Congress backed away from comprehensive clean energy and climate change legislation may have been the nail in the coffin for one of the voluntary carbon market's early pioneers.The Chicago Climate Exchange (CCX) will discontinue its voluntary greenhouse gas cap-and-trade program next month, according to Intercontinental Exchange Inc., its parent company. In its place, CCX will launch a new registry program for 2011 and 2012 carbon offsets.The development marks a stark contrast from two years ago when many considered climate change legislation in the U.S. to be inevitable."Fundamentally with any program that...
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Global warming-inspired cap and trade has been one of the most stridently debated public policy controversies of the past 15 years. But it is dying a quiet death. In a little reported move, the Chicago Climate Exchange (CCX) announced on Oct. 21 that it will be ending carbon trading – the only purpose for which it was founded – this year. Although the trading in carbon emissions credits was voluntary, the CCX was intended to be the hub of the mandatory carbon trading established by a cap-and-trade law, like the Waxman-Markey scheme passed by the House in June 2009.
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<p>George Soros, Al Gore, Warren Buffet, Maurice StrongThe Democrat-loving mainstream media is missing the boat on Warren Buffet’s take of America’s economic meltdown as …”a sort of economic Pearl Harbor we’re going through.”</p>
<p>That being the case, then surely the first question should be: “Who is attacking the U.S.?”</p>
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Scandal: Obama, Gore, Goldman, Joyce Foundation CCX partners to fleece USA April 27, 2:53 PMOrange County Conservative ExaminerGregory DailPrevious 2 comments Subscribe Subscribe Get alerts when there is a new article from the Orange County Conservative Examiner. Read Examiner.com's terms of use. Email Address Include other special offers from Examiner.com Terms of Use ShareThis IMage credit-Wikipedia Glenn Beck breaks the biggest corruption story of the century yesterday and it doesn’t appear on a Front Page anywhere. Beck points the way to the 15 Trillion dollar scam that has some amazing players. (See full transcript here) First Glenn makes and astute...
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Republican mid-term election joy deals financial uncertainty among green investors as the Chicago Climate Exchange announces the end of U.S. carbon trading. The Chicago Climate Exchange (CCX) announced on October 21, 2010 that it will cease carbon trading this year. However, Steve Milloy reporting on Pajamasmedia.com (November 6, 2010) finds this huge story strangely unreported by the mainstream media.To some key analysts the collapse of the CCX appears to show that international carbon trading is “dying a quiet death.” Yet Milloy finds that such a major business failure has drawn no interest at all from the mainstream media. Milloy noted...
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The CCX was the topic of thousands of MSM articles over the years, but not a single article reported their recent demise. Hmmm. Global warming-inspired cap and trade has been one of the most stridently debated public policy controversies of the past 15 years. But it is dying a quiet death. In a little reported move, the Chicago Climate Exchange (CCX) announced on Oct. 21 that it will be ending carbon trading — the only purpose for which it was founded — this year.Although the trading in carbon emissions credits was voluntary, the CCX was intended to be the hub...
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* ICE to cut around half of 50-person CCX workforce * 1st round of layoffs began July 23, more to come in autumn * Sources cite U.S. climate inaction as main reason for cuts * ICE collecting feedback on what to do with climate bourse By Michael Szabo LONDON, Aug 11 (Reuters) - Market operator Intercontinental Exchange Inc. (ICE.N) is laying off staff at newly acquired U.S. environmental bourse the Chicago Climate Exchange (CCX), industry sources told Reuters, citing a lack of U.S. action on climate change. They said the first round of layoffs began on July 23 and, although...
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Taxes: While the oil and gas companies are bearing the brunt of taxation, regulation and environmental angst, others are doing just fine, thank you. If you think cap-and-trade is dead, just follow the money. According to a recently released Center for Responsive Politics review of reports filed with the U.S. Senate and U.S. House, General Electric and its subsidiaries spent more than $9.5 million on federal lobbying from April to June — the most it's spent on lobbying since President Obama has been in office. Why? As the fight over cap-and-trade grows, so does lobbying. Since January, GE and its...
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Fannie Mae Chief Executive Officer Franklin Raines, two of his top underlings and select individuals in the "green" movement were inventing a patented system to trade residential carbon credits. Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 -- the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H., criticized the award at the time, pointing out that it had "nothing to do with Fannie Mae's charter, nothing to do with making mortgages more affordable." "It wasn't about mortgages. It was about greenbacks. The patent, which Fannie Mae confirmed it...
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'Glenn Beck': ShoreBank's Tangled Web Friday , May 21, 2010 GLENN BECK, HOST: I want to talk to you a little bit about ShoreBank. And all you need to know about ShoreBank in Chicago is it's a really good local bank — that's it — a really good local bank. I want to start over here. Do you remember Crime Inc.? This is a story that we've been telling you here for a while. And I just want to run this down. Joyce Foundation, when Barack Obama was on the board of the Joyce Foundation — this is a really...
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The heart of the proposed (Western Climate Initiative) on the west coast, the (Regional Greenhouse Gas Initiative) in the northeast and the (Midwest Greenhouse Gas Reduction Accord) have, or soon will, establish greenhouse gas reduction mandates that cover twenty three states, including very populous ones like New York, California and Illinois. In addition, twenty four states have adopted (Renewable Portfolio Standards) that require ever-increasing amounts of electricity generated in those states to come from renewable sources that do not introduce additional greenhouse gases into the atmosphere.All told, thirty four states are participating in the big three regional initiatives described above,...
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Because of the increase of wickedness, the LOVE of most will grow cold. Matt 24:12 As a pure capitalist I can understand why everything has a value and people have the right to earn a profit from any idea that has merit, but the field has to be even and ethical, algore fails on both points. His development and exploitation of Global Warming and the Chicago Carbon Exchange should have him investigated for fraud and racketeering. This is the biggest scandal the world has ever seen yet since the powerfully connected are involved is being whitewashed. We have everybody from...
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On Friday, Sandor and the other shareholders of parent company Climate Exchange cashed out of this big idea for about $600 million. The IntercontinentalExchange (ICE), an electronic futures and derivatives platform based in Atlanta and London, announced it had agreed to purchase the three exchanges, the Chicago Climate Exchange, Chicago Climate Futures Exchange and European Climate Exchange. The combination brings the still-small U.S. carbon market closer to the profitable world of global over-the-counter (OTC) energy trading, which ICE specializes in. It also consolidates carbon emissions trading under the tents of two major commodity exchanges, ICE and CME Group, which operates...
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Corruption: The carbon trading system being pushed here has spawned crime and fraud across the pond. Cap-and-trade is not about saving the planet. It's about money and power, and absolute power corrupting absolutely. All across Europe authorities have been conducting raids, rounding up individuals involved in a new version of Climate-gate. This time the data aren't corrupted. Europe's Emissions Trading System is. The system is so sick, it's turned out to be a scam built upon a scam. Twenty-five people have been arrested in raids by British and German authorities as part of a pan-European crackdown on carbon credit VAT...
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FOR IMMEDIATE RELEASE Monday, November 5, 2007 Emanuel Announces the Greening of the Capitol U.S. Congress to Purchase Carbon Offsets from the Chicago Climate Exchange ### WASHINGTON, D.C.—Today, U.S. Representative Rahm Emanuel (IL-5) joined Dan Beard, Chief Administrative Officer of the House of Representatives, officials from the Chicago Climate Exchange (CCX), the City of Chicago, and fellow Members of Congress to announce the purchase of carbon offsets on the Chicago Climate Exchange to help make the U.S. House of Representatives carbon neutral by the end of the 110th Congress. “Through the ‘Green the Capitol’ initiative, the House of Representatives joins...
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The present invention is directed to a method of residential emissions trading and a residential emissions trading commodity. In particular, an embodiment of the present invention is a method for identifying, quantifying, and aggregating reductions in residential emissions into a tradable... Inventors: Franklin D. Raines, Robert J. Sahadi, Kenneth Berlin, Michelle Desiderio, Scott Lesmes, Elizabeth Arner Cavey, Carlton Bartels, Jane Bartels What is claimed is: 1. A method for providing a residential emissions trading program, comprising the steps of: identifying an energy savings opportunity in a residential property; quantifying an emissions reduction produced by the energy savings opportunity; and aggregating...
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Rothschild, Rockefeller, Maurice Strong, Al Gore, Goldman Sachs, Mayor Daley, William Ayers, Saul Alinsky, Saudi Arabia, China and the United Nations equals Barak Obama. When we look at what has happened to the American dream, the American Constitution, the American economy in the past 12 months, it seems that there is a deliberate plan to completely destroy the entire American way of life and even the country as we know it. When you look at the national debt, the bail outs of the banks, the fake stimulus bill, the health care bill, the coming cap and trade, the loss of...
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Al Gore’s purchase of a near nine million dollar Montecito mansion with an almost comical carbon footprint (nine bathrooms!) probably means that he has given up on the global warming movement and decided to become a Hollywood producer (not that he ever made much of a distinction between two). Montecito is where the creme of the Hollywood creme go when Beverly Hills gets too crowded and nouveau riche. Among others, Michael Douglas, Kevin Costner, Christopher Lloyd, Dennis Franz and Oprah have homes there – and they don’t even have Nobel Prizes. (Douglas and Costner do have Oscars though.) No word...
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The constant Goldman Sachs charade on television has got me thinking… Here are a few things for YOU to ponder…• William C. Dudley, President of the Federal Reserve Bank of New York; was a partner and managing director at Goldman • Gary Gensler, Chairman of the Commodity Futures Trading Commission; spent 18 years at Goldman • Mark Patterson, Chief of Staff to Tim Geithner; former Goldman lobbyist • Philip Murphy; nominated for ambassador to Germany; former Goldman executive • Diana Farrell; Deputy Director of the National Economic Council; formerly with Goldman • Emil Michael; White House fellow; former investment banker...
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Vanity alert. I repeat, vanity alert. OK then ... I would like to thank Rush Limbaugh and Roy Spencer for paving the way for the CCX Expose. While Glenn Beck has done a tremendous job, it was the pioneer critics [along with many FReepers] who first exposed the global warming hoax. If not for Limbaugh, Roy Spencer, and many others, CCX would be a heroic champion sparing the fragile planet from catching fire. I doubt anyone would have bothered to leak the Climategate emails if not for outspoken critics and the Oregon Petition. CCX, the wonderful Captain Planet of Corporations,...
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Futures exchange group Intercontinental Exchange Inc. said it agreed to buy Climate Exchange for 395 million pounds ($606.7 million) to create a single trading platform for environmental contracts worldwide. Shareholders in Climate Exchange, the operator of the European, Chicago and Chicago Futures carbon emissions exchanges, will receive 750 pence a share in cash, representing a 57 percent premium on Thursday's closing price, ICE said in a statement on Friday. Climate Exchange was founded by Richard Sandor, a longtime futures industry executive in Chicago.
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Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a climate trading scheme being run out of the Chicago Climate Exchange would make Bernie Madoff blush. Its trail leads to the White House. Lost in the recent headlines was Al Gore's appearance Monday in Denver at the annual meeting of the Council of Foundations, an association of the nation's philanthropic leaders.
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Glenn Beck vs. Joel Rogers, King of the Progressives If Fox News commentator, Glenn Beck is right, Joel Rogers may be the man behind Obama and the entire Progressive Movement. Not a far stretch as Progressives got their start in Wisconsin, where Joel teaches law, political science and sociology at the University of Wisconsin. Thursday morning, Joel was a featured speaker at an Earth Day conference in Chicago on public transportation. Needless to say, he’s all for it! But Beck has connected the dots on his magic blackboards (He needs about three or four now, at least!) as he ties...
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Glenn Beck TV thread April 29 2010 Welcome to the GLENN BECK television thread...Stand. Never give up. Never give in. We are another day closer to the 2010 elections. All Beckerheads, infidels, sick twisted freaks, ilks and lurkers are welcome and are encouraged to participate in the thread.
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Emerald Goals Green Our Cities Our goal is to achieve significant reductions in the carbon footprint and energy consumption and increased energy savings and efficiencies. To this end, we encourage cities to: Substantially increase the energy efficiency of citywide building stock over ten years while prioritizing poor communities. Buildings are the largest national source of energy consumption, costing $400 billion annually in energy bills and comprising 80 percent of local carbon emissions in some cities. Yet, efficiency gains between 30 and 50 percent are possible using existing, cost-effective technology. Reducing energy consumption requires a comprehensive retrofit of building stock. The...
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Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a climate trading scheme being run out of the Chicago Climate Exchange would make Bernie Madoff blush. Its trail leads to the White House. Lost in the recent headlines was Al Gore's appearance Monday in Denver at the annual meeting of the Council of Foundations, an association of the nation's philanthropic leaders. "Time's running out (on climate change)," Gore told them. "We have to get our act together. You have a unique role in getting our act together." Gore was right that foundations will play a key role in keeping the...
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Both of these videos are from Monday evening, April 26th. The Financial Times article is from this Sunday. They are elements of the most extensive scandal perhaps, since original sin. While the Beck video is even much more significant than this, the point is that Barack Obama nixed real reform in the Obamafinance bill. The transparency would have gotten in the way of the astounding plan of which he is a focal point. This entire interview is important, but be sure to listen, after the two minute mark, as Greta Van Susteren interviews Senator Jim DeMint.
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Lehman Brothers collapse is traced back to Fannie Mae and Freddie Mac, the two big mortgage banks that got a federal bailout a few weeks ago. Freddie and Fannie used huge lobbying budgets and political contributions to keep regulators off their backs. A group called the Center for Responsive Politics keeps track of which politicians get Fannie and Freddie political contributions. The top three U.S. senators getting big Fannie and Freddie political bucks were Democrats and No. 2 is Sen. Barack Obama. Now remember, he's only been in the Senate four years, but he still managed to grab the No....
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The head of the UN's climate change panel - Dr Rajendra Pachauri - is accused of making a fortune from his links with 'carbon trading' companies, Christopher Booker and Richard North write. No one in the world exercised more influence on the events leading up to the Copenhagen conference on global warming than Dr Rajendra Pachauri, chairman of the UN’s Intergovernmental Panel on Climate Change (IPCC) and mastermind of its latest report in 2007. Although Dr Pachauri is often presented as a scientist (he was even once described by the BBC as “the world’s top climate scientist”), as a former...
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"...The charity was the Joyce Foundation on whose board of directors Obama served and which gave nearly $1.1 million in two separate grants that were “instrumental in developing and launching the privately-owned Chicago Climate Exchange, which now calls itself “North America’s only cap and trade system for all six greenhouse gases, with global affiliates and projects worldwide.” And that’s only the beginning of this tawdry tale, Mr. Barnes. The “privately-owned” Chicago Climate Exchange is heavily influenced by Obama cohorts Al Gore and Maurice Strong. For years now Strong and Gore have been cashing in on that lucrative cottage industry known...
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YOU WILL NEVER GUESS WHO WAS A GUEST AT OBAMA’s FIRST STATE DINNER….. Mr. Ratan Tata [The chairman of the Tata Group - India's biggest conglomerate] A story emerging out of Britain suggests “follow the money” may explain the enthusiasm of the United Nations to pursue caps on carbon emissions, despite doubts surfacing in the scientific community about the validity of the underlying global warming hypothesis. A Mumbai-based Indian multinational conglomerate with business ties to Rajendra K. Pachauri, the chairman since 2002 of the U.N. Intergovernmental Panel on Climate Change, or IPCC, stands to make several hundred million dollars in...
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Copenhagen climate change talks must fail, says top scientistExclusive: World's leading climate change expert says summit talks so flawed that deal would be a disaster Suzanne Goldenberg, US environment correspondent guardian.co.uk, Wednesday 2 December 2009 20.54 GMT The scientist who convinced the world to take notice of the looming danger of global warming says it would be better for the planet and for future generations if next week's Copenhagen climate change summit ended in collapse. In an interview with the Guardian, James Hansen, the world's pre-eminent climate scientist, said any agreement likely to emerge from the negotiations would be so...
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While on the board of a Chicago-based charity, Barack Obama helped fund a carbon trading exchange that will likely play a critical role in the cap-and-trade carbon reduction program he is now trying to push through Congress as president. In 2000 and 2001, while Barack Obama served as a board member for a Chicago-based charitable foundation, he helped to fund a pioneering carbon trading exchange that is likely to fill a critical role in the controversial cap-and-trade carbon reduction scheme that President Obama is now trying to push rapidly through Congress. During those two years, the Joyce Foundation gave nearly...
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The global-warming debate is shifting from science to economics. For years, the fight over the Earth's rising temperature has been mostly over what's causing it: fossil-fuel emissions or natural factors beyond man's control. Now, some of the country's biggest industrial companies are acknowledging that fossil fuels are a major culprit whose emissions should be cut significantly over time. A growing number of these companies are pushing for a mandatory emissions limit, or "cap." Some see a lucrative new market in clean-energy technologies. Many figure a regulation is politically inevitable and they want to be in the room when it's negotiated,...
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While on the board of a Chicago-based charity, Barack Obama helped fund a carbon trading exchange that will likely play a critical role in the cap-and-trade carbon reduction program he is now trying to push through Congress as president.
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In another clip from the same January 2008 interview with the San Francisco Chronicle in which Barack Obama promised to bankrupt anyone foolish enough to build coal-burning power plants, he also made an interesting admission about his entire energy plan. Obama told the editors that his policies would make energy prices “skyrocket” as the energy industry passed along the exorbitant costs of his cap-and-trade policy: AUDIO AT LINK The problem is not technical, uh, and the problem is not mastery of the legislative intricacies of Washington. The problem is, uh, can you get the American people to say, “This is...
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OK, get your green eyeshades. I noted yesterday the “urgent” authorization of a few million to study the impact of the tax code on CO2 emissions. (Well, actually they say “carbon,” not carbon dioxide, which if taken as written means we should get a report on diamonds and pencils. Seriously.) That is, how are the taxpayers subsidizing Al Gore, who writes off his jet-setting, for example, or Laurie David’s preferential tax treatment for a bicoastal lifestyle. The very brief provision above it is also rather unique. My CPA wife is away at a tax refresher course, as luck would have...
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Excerpt of first source: Chicago Climate Exchange Names Founding Members Leaders from Automotive, Chemical, Commercial Real Estate, Environmental Services,Electric Power Generation, Electronics, Forest Products, Municipal, Pharmaceutical and Semiconductor Sectors to join North American Voluntary Private Sector Program to Reduce and Trade Greenhouse Gases (CSRwire) CHICAGO,IL - Efforts to develop market-based solutions to global warming reach a milestone today as leading U.S. and international companies and the City of Chicago announce they will be the Founding Members of Chicago Climate Exchange (CCX®), a voluntary cap-and-trade program for reducing and trading greenhouse gas emissions. In an unprecedented voluntary action, these entities have...
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