READING SOMETHING DIFFERENT On 9/11/2001. Marsh & McLennan, Cantor Fitzgerald/CO2e.com/eSpeed and Aon Corp were engaged in an economic war game scenario with the Naval War College on 9/11. The game involved the use of carbon emissions trading software.
Carlton Bartels CEO of Cantor’s CO2e.com
, invented and held the patent on the computer-based system for automated carbon trading. Bartels was operating this program in simulated mode and it is alleged that his simulation administrator codes were stolen. The game was hacked, after which the game went from simulated to Live
Chicago Climate Exchange (CCX) is North America’s only and the world’s first global marketplace for integrating voluntary legally binding emissions reductions with emissions trading and offsets for all six greenhouse gases. CCX is a U.S. corporation, and today remains the only emissions reduction and trading system for all six greenhouse gases and the only operational emissions reduction and trading system in North America. CCX has nearly 300 Members from all sectors and Offset Projects worldwide.
The Obama administration is currently pushing carbon emission policy. While leaning heavily on Congress, they have also instructed the Environmental Protection Agency to declare CO2 a dangerous threat to human health which will lead to regulation of carbon emissions.”
Powerful forces behind the scenes appear to be orchestrating events to set up and profit from a carbon emissions trading system worth trillions of dollars.
From the Washington Examiner: When he wasn’t busy helping create a $127 billion mess for taxpayers to clean up, former Fannie Mae Chief Executive Officer Franklin Raines two of his top underlings and select individuals in the “green” movement were inventing a patented system to trade residential carbon credits.
Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 — the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H., criticized the award at the time, pointing out that it had “nothing to do with Fannie Mae’s charter, nothing to do with making mortgages more affordable.
It wasn’t about mortgages. It was about greenbacks. The patent, which Fannie Mae confirmed it still owns with Cantor Fitzgerald subsidiary CO2e.com
, gives the mortgage giant a lock on the fledgling carbon trading market, thus also giving it a major financial stake in the success of cap-and-trade legislation.
Besides Raines, the other “inventors” are:
* Former Fannie Vice President and Deputy General Counsel G. Scott Lesmes, who provided legal advice on Fannie Mae’s debt and equity offerings;
* Former Fannie Vice President Robert Sahadi, who now runs GreenSpace Investment Financial Services out of his 5,002-square-foot Clarksburg home;
* 2008 Barack Obama fundraiser Kenneth Berlin, an environmental law partner at Skadden Arps;
* Michelle Desiderio, director of the National Green Building Certification program, which trains “green” monitors;
* Former Cantor Fitzgerald employee Elizabeth Arner Cavey, wife of Democratic donor Brian Cavey of the Stanton Park Group, which received $200,000 last year to lobby on climate change legislation; and
Jane Bartels, widow of former CO2e.com
CEO Carlton Bartels. Three weeks before Carlton Bartels was killed in the Sept. 11 attacks, he filed for another patent on the software used in 2003 to set up the Chicago Climate Exchange.
The patent which covers both the “cap” and “trade” parts of Obama’s top domestic energy initiation, gives Fannie Mae proprietary control over an automated trading system that pools and sells credits for hard-to-quantify residential carbon reduction efforts (such as solar panels and high-efficiency appliances) to companies and utilities that don’t meet emission reduction targets. Depending on where the Environmental Protection Agency sets arbitrary CO2 standards that could be every company in America.