Topic: Commodities Exchange

Leonardo DiCaprio is revealed to be a supporter of the Carbon Trade Exchange (CTX), a global platform for trading carbon credits, renewable energy certificates, and water rights. The hosts examine the board of directors and the exchange's role in commercializing environmental commodities. They frame the "Green World Rising" documentary series as a promotional tool for these new financial markets.

A critical section of the climate bill, found on page 210, establishes carbon derivative markets and amends the Commodity Exchange Act. The legislation allows for the trading of emission allowances and offset credits, overseen by the Federal Reserve. The hosts argue this repeals existing regulations and creates a new market for "phony baloney" trading similar to the credit default swaps that caused the financial crisis.

Research into the "Iranian Bourse" on Kish Island suggests the exchange intended to trade oil in Euros rather than U.S. Dollars. Attempts to contact hotels on the island via email and phone failed, supporting the theory that the mysterious undersea cable cuts specifically targeted Iranian telecommunications to delay the opening of the exchange.