Saturday, November 13, 2010

Chicago Climate Exchange is closed

It was not going to work without coercion in the form of cap-and-trade. If Al Gore and the rest have let it go, then it looks like the lame-duck session of Congress will not be trying for cap-and-trade.

What Ed Barnes has to say. Here's another take from the Greenhouse Gas Management Institute. CCX's parent company runs carbon exchanges in other countries, which are not closing. So is this a victory for American exceptionalism? Wouldn't that be nice.

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