Skip to comments.Cap and Retreat [Chicago Climate Exchange shuts down]
Posted on 11/22/2010 2:40:18 PM PST by Winged Hussar
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.
(Excerpt) Read more at online.wsj.com ...
Take a look at the price of carbon indulgences, excuse me, credits at http://www.chicagoclimatex.com/. The laugh should be good for the whole week! (The CCX turkey gets chopped a few days early.)
I believe they sold out...so this is only part of the story...and some people made a ton of money...and I’ll bet Gore was one of them.
They bet on the dems winning the midterms & they lost.
Sorry. No more crazy money-spinning crap for you!
Don’t laugh too much...Gore pocketed $18 million from this scam. There’s MANY articles about this.
I am glad that it shut down. What a complete piece of crap it was.
How anyone would buy into this scheme is beyond me.
The question is???? When will they rename it and try it again?
I am tired of people on TV being way too PC. Will someone/everyone just start calling Al Gore and IDIOT! This guy is one of the biggest fools to have ever held a political office.
I am in the ZERO TOLERANCE ZONE when it comes to Global Warming.
Anyone that tries to debated this with me gets both barrels pointed at them. They are fools and I will state this early in the debate.
No PC BS from me.
Snip: Gores investment company, Generation Investment Management, which sells carbon offset opportunities, is the largest shareholder of CCX.
If they’re so worried about hot air, they should shut up.
(I am guilty of rofl.)
This scam will be back in one form or another. Watch out.
Not so fast thier back dooring us once again
click on audio....Taxpayer Minute 08/9/10 - Cap-and-Trade
I said gay marriage would be the Pet Rock of the early 21st century. I was wrong....carbon trading nonsense is the new Pet Rock.
Don’t fall for it. A multi trillion dollar “industry” doesn’t just close up shop and go away.
What was it that Fannie Mae bought the patent on with global warming BS?
this is BIG!!!
The elites already had that money not only counted but spent. They could almost taste the rivers of Green Cash...and you have to know this is REALLY galling them.
Ya can’t fool all the people all the time.
Not only Gore but the Clintons, Obamas and Giannoulis raked it in. I'll bet even Soros had a piece of that action.
Maybe Gore can take some of that money and join Jenny Craig.
No, I take that back.....none of that group meeting stuff. He needs a 1 on 1 with Jenny Craig.
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