Ccx Information From 2008

8/2/2019 Ccx Information From 2008

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Ccx 4.26.10 http://www.cnbc.com/id/36782147 Carbon

Could Be No. 1 Commodity: Exchange Chief

Chicago Climate Exchange Names Founding MembersChicago Climate Exchange and Joyce Foundation via Washington Post ^ | 1.17.2003 | Chicago Climate

Exchange

Posted on Saturday, September 20, 2008 8:22:37 AM by Calpernia

Excerpt of first source:

Chicago Climate Exchange Names Founding Members

Leaders from Automotive, Chemical, Commercial Real Estate, Environmental Services,ElectricPower Generation, Electronics, Forest Products, Municipal, Pharmaceutical and SemiconductorSectors to join North American Voluntary Private Sector Program to Reduce and TradeGreenhouse Gases

(CSRwire) CHICAGO,IL - Efforts to develop market-based solutions to global warming reach amilestone today as leading U.S. and international companies and the City of Chicago announcethey will be the Founding Members of Chicago Climate Exchange (CCX), a voluntary cap-

and-trade program for reducing and trading greenhouse gas emissions. In an unprecedentedvoluntary action, these entities have made a legally binding commitment to reduce theiremissions of greenhouse gases by four percent below the average of their 1998-2001 baseline by2006, the last year of the pilot program.

The founding members of CCX include American Electric Power (AEP), Baxter InternationalInc., the City of Chicago, DuPont, Equity Office Properties Trust, Ford Motor Company,International Paper, Manitoba Hydro, MeadWestvaco Corporation, Motorola, Inc.,STMicroelectronics, Stora Enso North America, Temple-Inland Inc. and Waste Management,Inc.

(snip)

CCX will administer this pilot program for emission sources, farm and forest carbon sinks, offsetprojects and liquidity providers in North America. To foster international emissions trading,offset providers in Brazil can also participate. The development of CCX resulted from feasibilityand design studies that were funded by grants from the Chicago-based Joyce Foundation andadministered by Northwestern Universitys Kellogg Graduate School of Management.Environmental Financial Products, LLC conducted the research and development effort.

Excerpt of second source:
http://www.cnbc.com/id/36782147http://www.freerepublic.com/focus/chat/2086494/postshttp://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/~calpernia/http://www.freerepublic.com/~calpernia/http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/%5Ehttp:/www.csrwire.com/PressRelease.php?id=1532http://www.freerepublic.com/focus/chat/2086494/postshttp://www.freerepublic.com/focus/chat/2086494/postshttp://www.freerepublic.com/focus/chat/2086494/postshttp://www.freerepublic.com/focus/chat/2086494/postshttp://www.freerepublic.com/focus/chat/2086494/postshttp://www.freerepublic.com/focus/chat/2086494/postshttp://www.cnbc.com/id/36782147


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http://projects.washingtonpost.com/2008-presidential-candidates/barack-obama/

The Joyce Foundation's Annual Reports list Barack Obama as one of the 12 members of

the Board of Directors from 1998 until 2001.

Barack Hussein Obama Biography Excerpt:

Experience Businesses Owned, Past Careers, Board Memberships, Etc.:

Center for Neighborhood and TechnologyChicago Annenberg ChallengeCook County BarCook County Bar Association Community Law Project

Board Member, Joyce FoundationLawyer's Committee for Civil Rights Under the LawLeadership for Quality EducationMember, Trinity United Church of Christ

Board Member, Woods Fund of Chicago

TOPICS: Business/Economy

KEYWORDS: ccx; climatechange; environment; enviroprofiteering; globalwarming; joycefoundation; obamaNJ Gov. Jon Corzine, Hot Air, Obama and You

NJ Gov. Jon Corzine is working Barack Hussein Obamas campaign. Word is Corzine ispromised a high level position in the Treasury in an Obama Presidency. Corzine was formerCEO of Goldman Sachs. A NJ local News Source said that Corzine told Merrill Lynch and his

Wall Street buddies that this financial crash will be fixed in an Obama admnistration. No detailson how though. Merrill Lynch has offices in NJ and it seems they are very worried.

Maurice Strong is involved with Chicagos Climate Exchange. Al Gore is chairman of a privateequity firm called Generation Investment Management. That firm invests money frominstitutions and wealthy investors in companies that are going green. Generation InvestmentManagement purchases carbon dioxide offsets. The co-founder of Generation InvestmentManagement is former Goldman Sachs CEO Hank Paulson, who is currently the Secretary of theU.S. Treasury. Goldman Sachs bought 10% of Chicagos Climate Exchange shares for $23million. Chicagos Climate Exchange owns half of the European Climate Exchange, Europeslargest carbon trading company.

Maurice Strong: Chicago Climate Exchanges board member. Canadian Maurice Strong hasmade a career and a fortune out of financial rip-offs. Strong served on the board of theInternational Union for the Conservation of Nature (World Conservation Union) and was anadvisor to the UNs Kofi Annan. Among many other things, he was the first Executive Directorof the United Nations Environment Program in the 1970s and Secretary General of the 1992 UNConference on Environment and Development, also known as the Earth Summit.
http://projects.washingtonpost.com/2008-presidential-candidates/barack-obama/http://www.freerepublic.com/tag/business-chat/indexhttp://www.freerepublic.com/tag/ccx/indexhttp://www.freerepublic.com/tag/climatechange/indexhttp://www.freerepublic.com/tag/environment/indexhttp://www.freerepublic.com/tag/enviroprofiteering/indexhttp://www.freerepublic.com/tag/globalwarming/indexhttp://www.freerepublic.com/tag/joycefoundation/indexhttp://www.freerepublic.com/tag/obama/indexhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://blog.newyorkcitycommunity.us/2008/09/20/jon-corzine-and-hot-air--perfect-together.aspxhttp://www.freerepublic.com/tag/obama/indexhttp://www.freerepublic.com/tag/joycefoundation/indexhttp://www.freerepublic.com/tag/globalwarming/indexhttp://www.freerepublic.com/tag/enviroprofiteering/indexhttp://www.freerepublic.com/tag/environment/indexhttp://www.freerepublic.com/tag/climatechange/indexhttp://www.freerepublic.com/tag/ccx/indexhttp://www.freerepublic.com/tag/business-chat/indexhttp://projects.washingtonpost.com/2008-presidential-candidates/barack-obama/


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Goldman Sachs: The largest shareholder of the Chicago Climate Exchange and the secondlargest shareholder of the InterContinental Exchange. In fact, Goldman Sachs put Al Gore intothe carbon offset hedge fund business in 2003 when David Blood, a former CEO of GoldmanSachs Assets Management, along with two other former Goldman Sachs officers, helped Goreestablish his firm, General Investment Management, which focuses on Sustainable Investing

by peddling carbon offsets.

Jon Corzine: He is now the Governor of NJ. He retired from Goldman Sachs in 1999 aftertaking the firm public and receiving at least $320 million worth of its stock. He ran for theSenate in New Jersey in 2000, spending more than $60 million of his fortune to win the seat. The

bubble of high-priced technology stocks began to burst in March 2000. In August 2000, the SECissued a warning against aftermarket sales, also known as laddering. Ive never even heardthe term laddering before, Corzine said.

However, Nicholas Maier of Cramer & Co. said it happened on Corzines watch. For Corzinenot to know of a common practice being utilized to generate and manipulate stock prices would

be surprising, Mr. Maier said. He was obviously there during this time. I definitively saw hiscompany engaged in illegal activity. They (the SEC) expressed to me that laddering is a trickierthing [to prove], Maier said. I will say it. They did it. They laddered. Whether the SEC canconstruct a case is a different story.

Al Gore: Owns a carbon trading business, Generation Investment Management. They werebanked with the Lehman Bros. The Generation Investment Management business hasconsiderable influence over the major carbon credit trading firms that currently exist.

Merrill Lynch: Deeply involved in the Carbon trading business. They are a founding memberand primary sponsor of the U.K.-based Carbon Disclosure Project. Merrill Lynch is headed byJohn A Thain who is a Goldman Sachs alumni.

Lehman Brothers: Created a propaganda piece last year about climate change to make theirinvestors keep getting high profits from the Kyoto carbon trade scheme and the support of huge

public subventions. All that, of course, with the applause of the usual choir of politicians, theentire media and the Greens.

A year ago they couldnt predict their bankruptcy but were predicting the climate 100 yearsahead. Thousands of green militants have been using the Lehman report as a proof of globalwarming and impending chaos. The report is the basis for policies on climate change in Spain,Argentina and several other countries playing the progress game.

Chicago Climate Exchange: The Exchange owes it existence in part to the Joyce Foundation,the Chicago-based liberal foundation philanthropy that provided $347,000 in grant support in2000 for a preliminary study to test the viability of a market in carbon credits. On the CCX boardof directors is the ubiquitous Maurice Strong, a Canadian industrialist and diplomat who sincethe 1970s has helped create an international policy agenda for the environmentalist movement.

Joyce Foundation: Provided grant support to test the market in carbon credits. Barack HusseinObama sat on their Board from 1998 until 2001.


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1 posted on Saturday, September 20, 2008 8:22:38 AM by Calpernia[ Post Reply | Private Reply | View Replies]

To: Liz; LucyT; null and void; pissant; ex-Texan; SE Mom; usmcobra; Kevmo;nw_arizona_granny; ...

Obama was on the board of a foundation that provided the funding source to start the ChicagoClimate Exchange (carbon trade). He is has former Goldman Sachs CEO working his campaign.Goldman Sachs owns a very large investment in the carbon trade industry. More tidbits here!

2 posted on Saturday, September 20, 2008 8:25:37 AM by Calpernia (Hunters Rangers -Raising the Bar of Integrity http://www.barofintegrity.us)
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Ccx Information From 2008