The Spectacle Blog

The Lesson From CCX

By on 11.19.10 | 8:57AM

McClatchy papers have begun running a piece by me and my CEI colleague William Yeatman today, with more scheduled over the weekend, noting the lesson to be properly drawn from the collapse of the Chicago Climate Exchange.

The lesson applies to all of these supposed industries and commercial operations which subsist on or exist merely in anticipation of further federal windfalls from rationing energy from 'fossil fuel' sources. As went CCX so should the various, all too similar pilot fish industries.

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