Chicago Climate Exchange drops 50%, new record low

The only lower price than today’s closing price on a ton of carbon is ZERO Perhaps reacting to the news yesterday about the IPCC getting taken to the woodshed, the growing number of stories in the MSM about the IPCC failure, and the recent layoffs at CCX, carbon trading has once again been devalued by…

IPCC’s Pachauri should resign for “failures of leadership”

Guest Post by Thomas Fuller There is a core of uber-consulting professionals, jetting around the world advising companies, governments and NGO’s. They are well-educated, have impeccable resumes and travel more than George Clooney did in ‘Up in the Air.’ They work for companies like McKinsey, Price Waterhouse Coopers, and a handful of others. Rajendra Pachauri…