This is a worse ripoff than anything Bernie Madoff did.
It’s trading free air for free air and selling it to airheads.
I would love for the California nuclear plants to just close down one day or week in protest. See how long this stupidity lasts after than.
I smell a “con” operation. Need to know who’s behind it, whose money, and who in the Calif. govt is supporting it, including groups.
I’ll bet that would open a can of red worms!
“Need to know whos behind it, whose money, “
Always wonder, “SOROS?”
She has no problem setting up fake studies.
She is or was a UCLA Professor.
I smell a con operation. Need to know whos behind it, whose money, and who in the Calif. govt is supporting it, including groups.
Didn’t algore just move to CA?
Heard he bought a mansion and he need an income to suport it
a place like his uses a lot of energy
CCX was designed and operated by graduates of Michael Milken’s Drexel Burnham Lambert (con central before it imploded due to fraud)
PcarbX appears to have broader participation
The Pacific Carbon Exchange and Shanghai Environment and Energy Exchange Sign a Memorandum of Understanding to Develop U.S. China Carbon Market
Pacific Carbon Exchange (PCarbX) and Shanghai Environment and Energy Exchange(SEEE) engage in broad partnership to help develop carbon and greentech markets in China and the U.S.
SAN FRANCISCO, September 13, 2010 Signaling the start of a new era of mandated reductions of green house gas emissions, today Pacific Carbon Exchange (PCarbX) and Shanghai Environment and Energy Exchange (SEEE) announced the signing of a Memorandum of Understanding, demonstrating the commitment of both companies to further developing carbon markets and clean and green technology partnerships in the United States and China.
This exciting pan Pacific partnership allows the goals of California s landmark AB32 Global Warming Solutions Act and China s carbon intensity reductions and renewable energy generation plans to be more fully realized, said Aaron Singer, President and CEO of the Pacific Carbon Exchange. The US & China release a combined 15 billion tons of green-house gas emissions into earth&rsquos delicately balanced atmosphere every year. This is a staggering number and represents the single greatest challenge of the 21st Century. The Pacific Carbon Exchange and Shanghai Environment and Energy Exchange are working together to turn back the clock on global climate change in the US and China and to help foster growth of renewable energy and cleantech innovation in both our countries.
It is a great opportunity for the Pacific Carbon Exchange and Shanghai Environment and Energy Exchange corporate with each other in low carbon field and relevant information sharing. Under the circumstance of global climate change, I believe through sharing the sourcing of green-tech technology and IP assets and business relationships in both American and Chinese market, also together explore the new market mechanism in both markets, we will be able to create a lot of chances and discover potential opportunities for reciprocity and mutual beneficial. Said Dr.Lin Jian, CEO of Shanghai Environment and Energy Exchange.
Specifically, the two companies agreed that:
· PCarbX will share sourcing of green-tech technology and IP assets and business relationships in the US to create partnerships in China through SEEE.
· PCarbX and SEEE will lend one another expertise and intelligence to create carbon, renewable energy and energy efficiency markets in the US and in China.
The environmental commodities market is growing rapidly worldwide. This market development partnership between the Pacific Carbon Exchange and Shanghai Environment and Energy Exchange will look to grow carbon, renewable energy, and energy efficiency markets both in China, California and the United States. The partnership will also help foster green and clean technology partnerships between US and Chinese technology companies who are members of both exchanges.
The Pacific Carbon Exchange will create California and the western region s first environmental commodities exchange to serve California and the Western Climate Initiative mandatory market for carbon emissions. The Pacific Carbon Exchange trading platform will allow businesses and other entities to trade several regulated environmental commodities on the exchange including: carbon offsets, carbon allowances, carbon futures, options, and other derivatives.
Shanghai Environment and Energy Exchange (SEEE) was inaugurated on 5th of August, 2008 and is the first international comprehensive environment and energy trading platform in China. Based in Shanghai, SEEE is a diverse and multi functional equity capital market that provides an entrance and exit route for many investors in the field of environment and energy. Through expanding the domestic and international cooperation, SEEE continues to create an energy saving, environmental friendly society for a greener China and a better world.
Aaron Singer is Co Founder and CEO of the Pacific Carbon Exchange, a startup environmental commodities exchange headquartered in San Francisco, CA.