Al Gore's Climate Exchange Utterly Fails... Media Ignores It All

by Warner Todd Huston
Big Journalism
Nov. 09, 2010

Al Gore’s much ballyhooed Chicago Climate Exchange (CCX) has recently announced that it will no longer be engaging in carbon trading, an activity that was the sole purpose that it was created. This is an utter failure of purpose in global warming hysteria yet the Old Media is almost completely silent on this colossal failure.

Why has the media remained utterly quite on this abject failure after unleashing on the public an avalanche of stories that touted the creation of the CCX back in 2000 — and since for that matter? Roger L. Simon and David Thomson wonder just that.

The CCX was the brainchild of Northwestern University business professor Richard Sandor, who used $1.1 million in grants from the Chicago-based left-wing Joyce Foundation to launch the CCX. For his efforts, Time named Sandor as one of its Heroes of the Planet in 2002 and one of its Heroes of the Environment in 2007.