PDA

View Full Version : Chicago Climate Exchange Closes in Silence




FrankRep
11-15-2010, 09:13 PM
On Election Day 2010, Reuters noted briefly that Intercontinental Exchange Inc. (ICE) was “shedding some 40 employees from its…Chicago Climate Exchange (CCX) by the end of the year, with further cuts [expected] in 2011.” by Bob Adelmann

Chicago Climate Exchange Closes in Silence (http://www.thenewamerican.com/index.php/tech-mainmenu-30/environment/5201-chicago-climate-exchange-closes-in-silence)


Bob Adelmann | The New American (http://www.thenewamerican.com/)
15 November 2010



On Election Day 2010, Reuters noted briefly that Intercontinental Exchange Inc. (ICE) was “shedding some 40 employees from its … Chicago Climate Exchange (CCX) by the end of the year, with further cuts [expected] in 2011.” In its curt announcement, Reuters said that all trading on that exchange had virtually stopped in July “due to the lack of U.S. action on climate change.”

Steve Milloy expected much more fanfare from the media. Commenting on the news, Milloy said that over the last 15 years, “cap and trade has been one of the most stridently debated public policy controversies … but it is dying a quiet death.”


http://farm3.static.flickr.com/2537/4142751483_c89b56b9f3.jpg

Inflation
11-16-2010, 03:20 AM
That is wonderful news.

I hope they enjoy living on the streets of Chicago this winter.

It would be a shame if global warming froze them until spring.