Showing posts with label Al Gore. Show all posts
Showing posts with label Al Gore. Show all posts

The Death of Al Gore’s Chicago Climate Exchange

| Saturday, November 13, 2010 | 0 comments |
by Steve Milloy

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 of the mandatory carbon trading established by a cap-and-trade law, like the Waxman-Markey scheme passed by the House in June 2009.

At its founding in November 2000, it was estimated that the size of CCX’s carbon trading market could reach $500 billion. That estimate ballooned over the years to $10 trillion.

Al Capone tried to use Prohibition to muscle in on a piece of all the action in Chicago. The CCX’s backers wanted to use a new prohibition on carbon emissions to muscle in on a piece of, quite literally, all the action in the world.

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Al Gore -- He did it again

| Thursday, November 4, 2010 | 0 comments |
by Einar Du Rietz

Recently, Nobel Peace Prize winner Al Gore toured again. Or maybe he does that all the time. This time, he turned up in Gothenburg (Sweden) for the usual alarmist talk. In advance, all distinguished guests were politely advised to – if possible – use any form of public transportation to go to the event, in order to minimize CO2 emissions.

Intriguingly, the Master of World Climate himself arrived in a rental car (with or without driver is unclear), from the airport, and subsequently left the engine running for the entire lecture. That is to say, about one hour. Incidentally, local legislation prohibits – for very good environmental reasons, i e pollution – any car engine running on empty for more than 60 seconds. Fines are severe. As far as I know, he was not fined.

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L.A. builds school on toxic dump, names it after Al Gore

| Wednesday, September 8, 2010 | 0 comments |

Al Gore has been honored appropriately by the Los Angeles School District. They built a new school on top of a toxic dump and named it after the man who has come to symbolize environmental voodoo.

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