Thursday, January 19, 2012

Dept. of Energy 'Chicago Office' gave $1.5M to ClimateGate Jones, Obama 'Chicago-style climate law' in 2000 funded birth of US CO2 trading in Chicago

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Chicago Climate Exchange founded in 2003: "(Richard) Sandor
Obama was on the (Joyce) foundation that gave us the grant (for a pilot program to trade carbon credits) Sandor said. We know him well.”... (scroll down to sub-head 'Know him well')
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5/7/2008, ClimateGate 2.0 email #3338

"5/7/2008, subject: RE: Request for Cost date for DOE Grant to: "Jones Philip Prof \(ENV\)"

"Dear Phil, I have reconciled the account to date and propose to send the following figures - all in US$

Received to date 1,589,632.00...

4/30/2008, Subject: Fwd: Request for Cost date for DOE Grant
"In accordance with the President's
Management Agenda
, there has been
and continues to be a Government-wide
movement to ensure that the
American people receive better
results for their money.

Thus, all government entities are striving
to improve the quality, accuracy, and timeliness
of financial information regarding the results
of operations and overall performance.
As we seek to accomplish this goal, we are
requesting cost data from our Grant
recipients that have received
significant financial

  • assistance monies from the

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Obama was on the board of the Chicago-based Joyce Foundation which gave grants to start a pilot program in the US for trading CO2 credits launched in 2003 as the Chicago Climate Exchange:

6/16/09, "(Richard) Sandor got Obama's nod for Chicago-style climate law," Bloomberg, by Jim Efstathiou, Jr

"(Richard) Sandor launched the Chicago Climate Exchange, or CCX, in 2003 after getting two research grants from the Chicago-based Joyce Foundation. The money went to the Kellogg School of Management at Northwestern University, in Evanston, Illinois,

  • for Sandor’s pilot program to trade carbon credits.

Obama was on the foundation that gave us the grant, Sandor said.

  • “We know him well.”...
In 1989, he (Sandor) wrote a paper promoting the use of financial markets to turn air pollution into a commodity to reduce sulfur- dioxide emissions from power plants. His early concepts helped shape the landmark 1990 Clean Air Act, which mandated acid-rain reductions and built a market where companies trade rights to pollute."...

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Joyce Foundation, Sourcewatch: "
The Joyce Foundation is a key progenitor of carbon dioxide cap and trade. In 2000 the Foundation issued a $347,600 grant to Richard Sandor for a study on the feasibility of a cap and trade mechanism. In 2001 the Foundation issued a $760,100 grant to the J. L. Kellog School of Management at Northwestern University, working with Sandor, to fund the design of the Carbon Climate Exchange, otherwise known as the CCX. The CCX mechanism has been adopted by European carbon credit exchanges. The Joyce Foundation has also expressed its concern about global warming as a major environmental issue by attention to Carbon Capture and Storage technology to bury carbon dioxide from new coal-fired power stations."...

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On the (now defunct) Chicago Climate Exchange's 'External Advisory Board' is none other than the UN IPCC Climate chief. Nearly 50% of the UN IPCC budget is paid once again by the US taxpayer.

"Dr. Rajendra K. Pachauri, Director-General of The Energy Research Institute (TERI)

(Note the UN IPCC Chief is Director of an oil company.) ed.

Also Chicago Mayor Richard Daley is on the External Advisory Board. from the CCX website dated 12/18/2009.

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As of 12/18/09, the website lists Goldman Sachs and Al Gore each owning 10% of the Chicago Climate Exchange.

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1/3/12, "U.S. Taxpayers Cover Nearly Half the Cost of U.N.’s Global Warming Panel," CNS News, E. Harrington

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(Ed. note: The $1.5 million was just the amount received up until mid-2008. Early monies were important in building the giant noose with which an unsuspecting American public was about to be strangled, criminalized, and told to pay billions in perpetuity).


via Tom Nelson

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