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Cap and Retreat [Chicago Climate Exchange shuts down]
Wall Street Journal ^ | November 20 2010 | Wall Street Journal

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 ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: capandtrade; ccx; globalwarming
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To: Don Corleone

” Not only Gore but the Clintons, Obamas and Giannoulis raked it in. “

By strange ‘coincidence’, just a scant week after the collapse of the Carbon Market, AlGore recants his support of Ethanol.....

Hmmmmmmmm......


21 posted on 11/22/2010 3:34:46 PM PST by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Sacajaweau

From my perspective, we need “global warming” Helena has been experiencing snow off and on today with a high temp of zero but will drop down to 20 below zero tonight with a wind chill of 40 below zero.


22 posted on 11/22/2010 3:48:25 PM PST by jesseam (Been there, done that)
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To: Sacajaweau

Well, actually some of us fly over country hicks who love our bible & guns made out pretty well also. Delta Corp. is the one in Chicago who bought our carbon credits, we laughed all the way to the bank. About ten years ago we planted trees on our acreage, when we found out we could sell the carbon credits we signed up. Couldn’t believe when we received a check more than the amount of the original 400 acres we had bought years ago.


23 posted on 11/22/2010 3:50:00 PM PST by GrannyK
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To: Winged Hussar

and the RATS, take another one in the............HA ha!!!

24 posted on 11/22/2010 4:14:28 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Jayster; Ernest_at_the_Beach; Grampa Dave; tubebender; BOBTHENAILER
"He needs a 1 on 1 with Jenny Craig."

No way!!! He'll immediately turn into a crazed sex poodle again like he did with that massuse!!!

25 posted on 11/22/2010 4:18:57 PM PST by SierraWasp (I want my next President to be Sarah! She beats the pants offa the dude in there now!!!)
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To: Winged Hussar

Happy news! I noted this in a talk 4 years ago and am glad its gone.


26 posted on 11/22/2010 4:29:50 PM PST by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|Why are TSA exempt from their own searches?)
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To: SierraWasp; Winged Hussar; sionnsar
This is NOT Slowing down Nichols of the CARB in California....KFI was all over the CARB Plans now that prop 23 failed....$9.00 a gallon for auto Gasoline is one the way...and special Green fuels like non corn based ethanol will be a requirement...

Freaking unreal...the plan to get the nasty pollutant out of the air....no matter what China does with its coal fired power plants....

Related thread:

The Chinese Coal Monster - running out of puff(??)

27 posted on 11/22/2010 7:52:54 PM PST by Ernest_at_the_Beach ( Support Geert Wilders)
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