Topic: Chicago Climate Exchange

Investors Business Daily is cited for an article titled "The 10 Trillion Dollar Climate Fraud," which details the origins of the Chicago Climate Exchange. The hosts highlight that Barack Obama served on the board of the Joyce Foundation, which provided the initial grant money for the exchange. They also report on the CME Group's $604 million acquisition of the Climate Exchange, suggesting the move is intended to hide the scheme within a larger corporate structure.

A documentary highlights a project in rural India where methane from cow dung is captured and converted into carbon credits traded on the Chicago Climate Exchange. The hosts characterize the carbon market as an elaborate scam where American consumers pay extra to offset emissions through questionable international projects. They mock the "social angle" used to market these credits to Western buyers.

A Fox News special report titled "The Green Swindle" details the origins of the cap-and-trade carbon credit system, linking it to the Chicago Climate Exchange and the Joyce Foundation. The report alleges that the system is a "market socialism" scheme designed to enrich investors like Al Gore and Goldman Sachs while skyrocketing energy costs for consumers.

Investors Business Daily published an article titled "The 10 Trillion Dollar Climate Fraud," detailing the financial structures behind carbon trading. The Chicago Climate Exchange, founded with help from the Joyce Foundation while Barack Obama was a board member, was recently acquired by CME Group for $604 million. The move is characterized as an attempt to hide the scheme from public scrutiny.

Al Gore is linked to the financial infrastructure of carbon credit trading through his firm, Generation Investment Management. The Chicago Climate Exchange and the European Climate Exchange are identified as the primary entities licensed to trade these credits. The hosts detail the involvement of former Goldman Sachs executives in managing these climate-focused investment partnerships.

Before his presidency, Barack Obama served on the board of the Joyce Foundation, which provided grants to launch the Chicago Climate Exchange. The hosts argue this shows he was involved in the cap and trade "scam" from its inception. A tangent follows regarding Verizon's report on the FBI requesting 8 million GPS pings, suggesting celebrity scandals like Tiger Woods' are used to mask such surveillance.