EIKE, the European Institute for Climate and Energy, a sponsor of the 4th ICCC in Chicago, has dug up a some information on the Chicago Climate Exchange CCX, where Maurice Strong and a host of other influential leftists are among its board members.
When it comes to cap & trade, i.e. emissions trading, we’re talking serious money here. According to Dr. Richard Sandor, an economist and CCX architect, cap-and-trade represents a $10 trillion per-year market.
Recognizing the enormous profit potential, Al Gore’s Generation Investment Management (GIM) purchased a 10 percent stake in CCX and became the company’s fifth largest co-owner. Yet all this coziness shouldn’t surprise anyone.
But taking a closer look at the CCX Advisory Board, we find among the likes of Joe Kennedy, Ed Begly, Thomas Lovejoy – Rajendra Pachauri. It’s known that Pachauri has huge investments in carbon markets, but this is ridiculous. Talk about a scam. Yet another gate to add to the long list.
Conflict of interest? Nahhhh