On Election Day 2010, Reuters noted briefly that Intercontinental Exchange Inc. (ICE) was “shedding some 40 employees from its … Chicago Climate Exchange (CCX) by the end of the year, with further cuts [expected] in 2011.” In its curt announcement, Reuters said that all trading on that exchange had virtually stopped in July “due to the lack of U.S. action on climate change.”
Environmentalists do not seek control of just the U.S. economy; they seek international control as well. The oceans, however, remain largely free. Here may be the last true frontier of prospecting for natural resources. Such a prospect is proving increasingly likely in the area of minerals such as nickel, copper, cobalt, and manganese, which are essential to modern industrial economies.
Item: Environmental Protection Agency Administrator Lisa Jackson, reported The Hill for September 23, “is adopting a populist stance as she pushes ahead with first-time greenhouse gas rules, charging that oil and coal lobbyists are using ‘scare tactics’ to protect their financial interests at the public’s expense.”