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Like a puff of smoke, Chicago Climate Exchange just fades away
Washington Examiner ^ | November 8th 2010 | Barbara Hollingsworth

Posted on 11/17/2010 5:43:26 PM PST by Cardhu

In August, The Examiner reported that the Chicago Climate Exchange (CCX) was laying off employees.

Two months later, drowned out by the hubbub of the mid-term elections, came an Oct. 21 announcement that CCX would end carbon trading which, as PajamasMedia’s Steve Milloy pointed out, was “the only purpose for which it was founded.”

Funded by the left-wing Joyce Foundation, whose former board included none other than future president Barack Obama, Northwestern University professor Richard Sandor set up CCX as a “voluntary” method of trading “carbon credits.” It was envisioned as the main clearinghouse for what would eventually have been a $10 trillion decidedly non-voluntary market had cap-and-trade legislation passed the Senate as it did the House.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: carbonexchange; ccxce
Good riddance!
1 posted on 11/17/2010 5:43:30 PM PST by Cardhu
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To: Cardhu

I hope $oros spent a bundle on it.


2 posted on 11/17/2010 5:45:28 PM PST by YankeeReb
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To: Cardhu

That’s all right. Barry may have lost the Chicago mob its climate exchange, which was part of a plan to replace New York as the country’s financial center, but at least he got them the Olympics.

Oh, wait. . . .


3 posted on 11/17/2010 5:48:07 PM PST by Cicero (Marcus Tullius.)
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To: Cardhu

And appears miraculously somewhere else, don’t be fooled my friends like ACORN was defunded and is now under another alias, Like Jones stepped down and is now working in the shadows, it is not over.


4 posted on 11/17/2010 5:49:18 PM PST by ronnie raygun (V)
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To: Cardhu

They went away just like William Ayers.


5 posted on 11/17/2010 5:50:15 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: Cardhu; Defendingliberty; WL-law; Normandy; TenthAmendmentChampion; FrPR; enough_idiocy; ...
 


Beam me to Planet Gore !

6 posted on 11/17/2010 5:51:42 PM PST by steelyourfaith (ObamaCare Death Panels: a Final Solution to the looming Social Security crisis ?)
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To: ronnie raygun

Yep. The marxists we’re dealing with today are the same marxists who “gave up” in the 60s and 70s and they’re a lot wiser today.


7 posted on 11/17/2010 5:53:26 PM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: Cardhu

I’d have to really dig through my posts, but the Chicago exchange was slated to die...months ago...as posted right here on FR...

This is such old news.


8 posted on 11/17/2010 6:02:33 PM PST by EBH ( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
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To: Cardhu

I’ll be damned, a new wrinkle on an old sin. Simony.


9 posted on 11/17/2010 6:20:46 PM PST by Brucifer (Proud member of the Double Secret Reloading Underground.)
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To: Cicero

Oh yeah, the Olympics. That was so many failures ago, I almost forgot about it. Barry really has been driving that fail train pretty much since day one.


10 posted on 11/17/2010 6:31:51 PM PST by GnL
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To: Cardhu

Now if Algore would just fade away with it. With his girth that is probably asking to much.


11 posted on 11/17/2010 6:42:08 PM PST by Parley Baer
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Comment #12 Removed by Moderator

To: Cardhu
so who won and who lost??? other than the Goron...
13 posted on 11/17/2010 6:47:18 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Cardhu

Seriously, there WAS a carbon trading exchange? How arrogant!


14 posted on 11/17/2010 7:11:32 PM PST by Lou L (The Senate without a fillibuster is just a 100-member version of the House.)
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