It is well known and well publicized that Al Gore is the chairman of a company called GIM (Generation Investment Management), a private investment firm that holds several large stakes in “green” enterprise. One of those stakes is a 10% share of the CCX (Chicago Climate Exchange).

The CCX is a public exchange where instead of trading stocks, buyers and sellers trade CO2 emissions. That’s right, the nasty gas responsible for global warming. The CCX is essentially the NASDAQ of greenhouse gas trading. Currently, participation in the exchange is completely voluntary. Companies that commit to lower their greenhouse gas emissions, trade something called “carbon credits” through the exchange. Carbon credits allow companies to emit a certain amount of CO2 into the atmosphere. When a company runs out of carbon credits, it must buy more or face a fine. Since participation is completely voluntary, the CCX is nothing more than a little game that over 350 companies play, to garner positive publicity in a green-obsessed marketplace. However, participation in the CCX could soon become mandatory...

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