The Chicago Climate Exchange: The Corrupt Roots of “Cap & Trade”

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When it was launched in 2003, the Chicago Climate Exchange (CCX) became the world’s first carbon-emissions trading company, equipped to regulate all transactions made under cap-and-trade energy plans such as the one currently favored by President Barack Obama. To obtain the money he would need in order to get CCX of the ground, the company’s founder, Richard Sandor, turned to the Chicago-based Joyce […]

Ross Douthat: Prisons of Our Own Making – NYTimes.com

If you’re a governor with presidential aspirations, you should never, under any circumstances, pardon a convict or reduce a sentence. That’s the lesson everyone seems to have drawn from the dreadful case of Maurice Clemmons, an Arkansas native who murdered four Lakewood, Wash., police officers over Thanksgiving weekend — nine years after Mike Huckabee, then […]