CCX bites the dust


Well-Known Member
So long carbon trading. That idea was about as smart of an investment as the dot-com craze.

SOURCE (The ONLY source because the MSM isn't talking about this.)

RIP: Carbon trading
October 26, 2010

In a little reported move, the Chicago Climate Exchange (CCX) is ending carbon trading this year — the very purpose for which it was founded. CCX will remain open for business, however, as it transitions into the murky world of dealing in carbon offsets.

Outside of a report in Crain’s Chicago Business and a soft-pedalled article in the certain-that-climate-control-regulation-is-coming trade publication Carbon Control News, the media has ignored the demise of the only voluntary U.S. effort at carbon trading.

CCX was sold earlier this year for $600 million to the New York Stock Exchange-listed Intercontinental Exchange (Symbol: ICE), an electronic futures and derivatives platform based in Atlanta and London. ICE also acquired the European Climate Exchange as part of the transaction. The ECX remains open to accomodate (sic) the Kyoto Protocol-required carbon trading among EU nations. The sale of CCX to ICE allowed climateers like Al Gore’s Generation Investment Management and Goldman Sachs to cash out of investments in CCX.

At its founding in November 2000, some estimated that the size of CCX’s carbon trading market could reach $500 billion. The CCX was the brainchild of Richard Sandor who used $1.1 million in grants from the Chicago-based Joyce Foundation to launch the CCX. Sandor received $98.5 million for his 16.5% stake in CCX when it was sold. Not bad for an idea that didn’t pan out.

Incredibly (but not surprisingly), although thousands of news articles have been published about CCX by the lamestream media over the years, a Nexis search revealed no news articles published about the demise of CCX in the five days since the CCX’s announcement.

With the demise of CCX carbon trading, only the still-pending Waxman-Markey bill is keeping cap-and-trade alive (technically, at least) in the U.S. According to’s Cap-and-Trade Death Clock, however, Waxman-Markey only has about 68 days of life left before it, too, turns into a pumpkin.
now now
cap and trade was never any comparison to the dom com.
Google, yahoo....

Dom coms are still doing well.
Like everything always have to look out for the shysters.
Past the point of no return?

look around you
think of what has happened in the last two years
these criminals aren't vanquished

enslavement is inevitable unless we rise up and stop them but the
Sheeple are docile

something as innocuous as outlawing incandescent light bulbs

I mean c'mon why does the government need to regulate you
down to that insane level?

Why don't people just say fuck you I'll figure out how to light my home?

Who cares if the carbon tax isn't implemented this election cycle?
They will just pass the VAT tax instead!
Cat, do you mean "dot coms?" Or "dom coms?" I'm not sure what "dom coms" are.

To the subject, carbon trading was always such crap. The point of reducing carbon emissions was to REDUCE carbon emissions, not move imaginary "credits" around so that old soot producers could continue to belch toxic chemicals and carbon into the air. :rolleyes:

I live in Texas and a lot of the worst air polluters were grandfathered in to protect them from having to upgrade their equipment. As a result, Houston and surrounding cities have a higher than average lung cancer rate.
This thread got the name wrong, it is quite hard for a CCX to bite the dust :D

The CCX can accelerate from 0–62 mph (100 km/h) in 3.2 seconds and from 0–124 mph (200 km/h) in 9.8 seconds.[1][9] According to Koenigsegg it has a top speed of approximately 250 mph, although this has not been officially verified.[1] On 15 June 2008, a standard fully equipped CCX was independently timed by sport auto in achieving a record 0-186-0 mph (0-300–0 km/h) in 29.2 seconds, beating the Mercedes-Benz McLaren SLR 722 Edition, the Lamborghini Murciélago LP640, the Porsche 997 GT2, the Alpina B6 S (based on the BMW 6 Series), and the Corvette Z06.

The engine is a 4.7 liter 288 cu in (4,719 cc) V8, with dual overhead camshafts and 4 valves per cylinder.

The engine produces 806 bhp (601 kW; 817 PS) at 6900 rpm and 678 lb·ft (919 N·m) of torque at 5700 rpm on 91 octane (U.S. rating) gasoline.

Improved time