And guess who the winners are going to be?

---

Having survived, thanks to the million-dollar bailout from Obama and
the Joyce Foundation, the Chicago Climate Exchange went on to merge
with Climate Exchange Ltd in 2006. Goldman Sachs took a 10% stake in
the firm at the time and later increased its holdings to at least 19%.
CCX is also 10% owned by Generation Investment Management, a firm
founded and chaired by Al Gore and co-founded by the above-mentioned
former Goldman CEO, Hank Paulson.

According to EnergyRisk.com,

"Goldman Sachs is a major trader of European Union allowances and is
set to be a key player in the US emissions markets that are planned to
start up at the end of the decade."

----

Read the whole thing - it's instructive.

On Tue, 14 Jul 2009 20:08:43 -0400, Wizard of Woodstock
wrote:

And guess who the winners are going to be?

---

Having survived, thanks to the million-dollar bailout from Obama and
the Joyce Foundation, the Chicago Climate Exchange went on to merge
with Climate Exchange Ltd in 2006. Goldman Sachs took a 10% stake in
the firm at the time and later increased its holdings to at least 19%.
CCX is also 10% owned by Generation Investment Management, a firm
founded and chaired by Al Gore and co-founded by the above-mentioned
former Goldman CEO, Hank Paulson.

According to EnergyRisk.com,

"Goldman Sachs is a major trader of European Union allowances and is
set to be a key player in the US emissions markets that are planned to
start up at the end of the decade."

----

Read the whole thing - it's instructive.

What's interesting is the information about Generation Investment
Management, chaired by Al Gore.

It's hard to believe there are still folks who think the Global
Warming scenario wasn't developed and push to line pockets.

http://www.generationim.com/strategy/climate.html
--

John H