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Keyword: climateexchange

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  • Donilon fought off housing regulation proposals

    10/10/2010 8:13:27 AM PDT · by Enchante · 11 replies
    AP ^ | 10/09/10 | Pete Yost
    The second person, a former housing industry executive intimately familiar with of Fannie Mae's operations, agreed that Donilon was at the head of an unceasing anti-regulatory campaign that the company waged throughout his tenure. The former housing executive said that on political issues, especially regulatory oversight, Donilon was the right-hand man to Fannie Mae chairman and CEO Franklin Raines.
  • US Carbon trading – not worth a plug nickel

    10/26/2010 12:48:19 PM PDT · by Need4Truth · 9 replies
    Watts Up With That? ^ | October 26, 2010 | Anthony Watts
    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.
  • Imaginary exchange goes poof [Chicago Carbon Credits]

    11/24/2010 2:03:03 AM PST · by Enchante · 26 replies · 1+ views
    Toronto Sun ^ | 11/14/10 | Ezra Levant
    The Chicago Climate Exchange is shutting down at the end of the year. Nobody’s buying carbon credits. Right now, days go by when not a single trade is done. When trades are done, carbon dioxide sells for just five cents a ton. It’s over.
  • The Crash Of The Climate Exchange

    11/09/2010 5:47:55 PM PST · by Kaslin · 27 replies
    IBD Editorials ^ | November 9, 2010 | Staff
    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...
  • Pioneering Cap-and-Trade Program to Fade into the Sunset

    11/08/2010 8:54:39 AM PST · by Ernest_at_the_Beach · 15 replies · 1+ views
    greenbiz.com ^ | November 08, 2010 | Tilde Herrera
    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...
  • George Soros, Maurice Strong and company redefine the Middleclass (Must read)

    09/27/2008 8:41:02 AM PDT · by maggief · 49 replies · 3,733+ views
    Canada Free Press ^ | September 26, 2008 | Judi McLeod
    <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>
  • Scandal: Obama, Gore, Goldman, Joyce Foundation CCX partners to fleece USA

    04/27/2010 12:56:00 PM PDT · by day21221 · 121 replies · 8,796+ views
    examiner.com ^ | 4/27/10 | examiner.com
    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...
  • If Al Gore’s Chicago Climate Exchange Suffers Total Failure, Does the MSM Make a Sound?

    11/06/2010 6:03:14 AM PDT · by Kaslin · 42 replies · 1+ views
    Pajamas Media ^ | November 6, 2010 | Steve Miloy
    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...
  • Climate Profiteers

    07/30/2010 5:19:06 PM PDT · by Kaslin · 10 replies · 2+ views
    IBD Editorials ^ | July 30, 2010 | Investors Business Daily staff
    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...
  • Carbon Cronyism: Why Cap-and-Trade Is Not Dead Yet

    07/29/2010 3:14:06 AM PDT · by Scanian · 2 replies · 2+ views
    The American Thinker ^ | July 29, 2010 | Brian Sussman
    This past weekend, while addressing the Netroots convention in Las Vegas, Senator Harry Reid gave the gathering of lefties a promise regarding U.S. health care. "We're going to have a public option," Reid said. "It's just a question of when." The same thing can be said of a cap-and-trade energy bill: the Democrats are determined to get cap-and-trade. It's just a question of when. There's too much money to be made for Democrat cronies to let this opportunity pass. Nancy Pelosi pushed the original 1,200-page cap-and-trade bill though the House of Representatives a year ago. I have written extensively about...
  • We Know About Soros — But Who Is Maurice Strong?

    05/24/2010 7:10:46 AM PDT · by opentalk · 22 replies · 1,178+ views
    Pajamas Media ^ | May 24th, 2010 | Ed Lasky
    Canadian mogul and avowed socialist Maurice Strong manipulates governments to benefit his "green" portfolio and those of his friends: George Soros, Ted Turner, Al Gore, and China. Intercontinental Exchange has agreed to purchase the parent company of the Chicago Climate Exchange, the preeminent market for trading carbon credits. This is a market that exists solely to capitalize on possible federal legislation that would mandate reduced greenhouse gas emissions or the purchase of “pollution credits.” Politicians created this market out of thin air by fiat, and not surprisingly, cronies of these politicians will be the beneficiaries. These climate change profiteers include...
  • MORE ON OBAMA, AL GORE, & CRIME INC.: EUROPE’S CARBON MAFIA, AND OURS

    05/10/2010 8:42:34 AM PDT · by Patriot1259 · 6 replies · 315+ views
    TheCypressTimes.com ^ | 05/10/2010 | Gary P.
    “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.” We’ve written much about the organized crime syndicate that is the Obama regime. It’s bad enough that Obama is a radical Marxist, hell bent on the destruction of society as we know it, the fact that he is also a money and power hungry crook is just icing on cake. In what we call The Greatest Swindle In Human History ©, we lay out what we feel is...
  • Europe's Carbon Mafia, And Ours

    05/06/2010 5:35:50 PM PDT · by Kaslin · 8 replies · 595+ views
    Investors.com ^ | May 6, 2010 | Investors Business Daily staff
    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...
  • Has Al Gore given up on global warming? (UPDATED)

    05/04/2010 5:34:50 PM PDT · by george76 · 16 replies · 664+ views
    Pajamas Media ^ | May 1st, 2010 | Roger L Simon
    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...
  • $10 Trillion Climate Corruption & Fraud

    05/02/2010 6:59:04 PM PDT · by DBCJR · 10 replies · 575+ views
    iReport ^ | 5/1/10
    The Chicago Climate Exchange (CCX) received its seed money from the Joyce Foundation. Barack Obama sat on the board of directors for the Joyce Foundation as well as Valerie Jarrett. The money went to a firm owned Richard Sandor who knew Obama well during Obama's time on the board. Sandor estimates the climate trading market to be $10 trillion dollars per year. The massive money attracted London-based Generation Investment Management (GIM) to purchase a large stake in CCX. GIM was founded by Al Gore as well as David Blood, Mark Ferguson and Peter Harris all from Goldman Sachs. GIM is...
  • ICE to Buy Parent Of Chicago Climate Exchange

    04/30/2010 7:51:27 PM PDT · by raptor22 · 72 replies · 1,692+ views
    Crain's Chicago Business ^ | April 30, 2010 | Staff
    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.
  • The $10 Trillion Climate Fraud

    04/28/2010 5:50:50 PM PDT · by raptor22 · 33 replies · 1,227+ views
    Investors.com ^ | April 28, 2010 | INVESTOR'S BUSINESS DAILY Staff
    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...
  • TATA Group: U.N. Climate Chief Cashes In On Carbon. Guess Who Came To Obama’s State Dinner?

    12/12/2009 6:26:37 PM PST · by opentalk · 13 replies · 1,286+ views
    wordpress ^ | December 12, 2009 | Romanticpoet's Weblog/ JR corsi
    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...
  • Copenhagen climate change talks must fail, says top scientist

    12/02/2009 3:21:07 PM PST · by Libloather · 35 replies · 1,268+ views
    Guardian ^ | 12/02/09 | Suzanne Goldenberg
    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...
  • Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress ( Cap & Tax )

    11/20/2009 4:45:46 PM PST · by Ernest_at_the_Beach · 9 replies · 913+ views
    Foxnews ^ | Updated March 25, 2009 | Ed Barnes , FOXNews.com
    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...
  • In Climate Controversy, Industry Cedes Ground

    01/23/2007 10:19:12 AM PST · by Tolerance Sucks Rocks · 28 replies · 1,119+ views
    Wall Street Journal ^ | January 23, 2007 | Jeffrey Ball
    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,...
  • New Index for Carbon Credit Trading

    12/16/2008 12:35:02 PM PST · by shove_it · 5 replies · 375+ views
    yahoo via seeking alpha ^ | 12/16/2008 | Mike Havrilla
    The accompanying table (click to enlarge) includes 19 companies in the ETF Innovators () Global Carbon Trading Index along with the prices of seven benchmark commodities and funds. Most of the pure plays on carbon credits are very small, with 12 of the 19 companies having market caps below $100M. As I wrote yesterday, Climate Exchange (Other OTC: CXCHF.PK - News) represents the most established company poised to benefit from the global expansion of the exchange-based trading of carbon credits, with a market cap of $620M. With the launch of AirShares Carbon Fund (NYSEArca: ASO - News) yesterday, investors have...
  • Obama: I’ll make energy prices “skyrocket”

    11/02/2008 9:37:41 AM PST · by flyfree · 146 replies · 6,361+ views
    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...
  • A Top Obama Fund-Raiser Had Ties to Failed Bank

    09/19/2008 8:50:38 PM PDT · by Perdogg · 52 replies · 705+ views
    WSJ ^ | JULY 21, 2008 | By JOHN R. EMSHWILLER
    For the Pritzker family of Chicago, the 2001 collapse of subprime-mortgage lender Superior Bank was an embarrassing failure in a corner of their giant business empire. Billionaire Penny Pritzker helped run Hinsdale, Ill.-based Superior, overseeing her family's 50% ownership stake. She now serves as Barack Obama's national campaign-finance chairwoman, which means her banking past could prove to be an embarrassment to her -- and perhaps to the campaign. Superior was seized in 2001 and later closed by federal regulators. Government investigators and consumer advocates have contended that Superior engaged in unsound financial activities and predatory lending practices. Ms. Pritzker, a...