Article and Video interview with Richard Sandor: Creating a market to fund climate change
Professor at Berkeley before be coming the chief economist and vice president of the Chicago Board of Trade in the 1970s.
Sandor founded the Chicago Climate Exchange to facilitate the reduction and trading of greenhouse gases (vapor market)
Sandor: “father of carbon trading”
The following key points were discussed:
- Sandor helped set the standard for China’s climate exchange
- Markets take 20 years to mature
- Markets have to bedesigned specifically to fit the culture of a country
- Information is the commodity in this century
- The Libor manipulation scandal brought forth the idea for Ameribor
- Blockchain is not as new as people think, having been invented by Stuart Haber and not by Satoshi Nakamoto
Richard Sandor, Testimony at the White House Conference on Climate Change, 1997; U.S. Senate Energy and Natural Resources Committee, September 30, 1997
Dr. Richard L. Sandor Chairman and Chief Executive Officer, Centre Financial Products Limited
“In 1991 we began working with UNCTAD to design an international system of tradable greenhouse gas (GHG) emission allowances as a contribution to the “Rio process” and its search for workable mechanisms to deal with climate change.
With an agreement to reduce GHG emissions potentially emerging from Kyoto, we must now prepare for the challenge of moving from the drawing boards to implementation. A wealth of lessons is available to us from inventive processes ranging from aircraft to computers to new commodity markets. The evolutionary development pattern observed for many international treaties and, as well, for cooperative compacts such as European Community, is also pertinent.”
See the Articles and Collected Links on Richard Sandor – above on the right.
“You can put a price on nature” read air.
3 Comments
Kristin
VIcky I unfortunately like many didn’t see the “typhoon” til it was already on top of us, is it too late? https://www.swift.com/news-events/news/swift-add-blockchain-based-ledger Will you please read this? and with President Trump’s SOU address last night, Trump being so thrilled about blockchain, Great new changes he says. It’s the beginning of the end. Our money is all to be reduced to electronic bleeps, it will indeed be a technocratic tyranny. Our money system, to all be in crypto! But WHY?
The news is gushing how corporations inc USPS, Target stores, so many LOWES, etc all closed April 5th 2026 for how long? Twenty four hours. Why? “So employees can spend Easter Sunday with family”. WHAT? DOes ANYONE believe that fairy tale? Easter Sunday?? SWIFT implementing new blockchain, and corps MUST Have it operational BY : JUNE 2026. So, April 5th seems a good day as any other.
It is so discouraging to find we are fighting a monster bigger than us. But like David and Goliath….. I sure wish I had a SCUBA cert! or a submarine.
Vicky Davis
I think this phrase pretty much sums up the concept: “trusted movement of tokenised value”. I believe that the “tokenised value” means Renewable Energy Credits (REC). The EPA issues clean energy credits to all companies. When companies exceed their artificial pollution limits, they must buy RECs from companies that have excess credits. A software company obviously would have excess credits while a steel company would have to buy credits.
I think what the article means is that the EPA is privatizing it’s hidden system of theft from the heavy industrial businesses to subsidize the tech companies (think Smart Grid) and they will use the SWIFT system as the trading platform for the RECS (which are the tokanized value) that the EPA allocates.
This initiative reveals the reason why Trump brought Howard Lutnik into his administration. Lutnik is the CEO of Cantor Fitzgerald which was the securities company that was beginning to build the carbon trading platform trading since at least 1992. I’ll post a couple of articles on Carlton Bartels and Cantor Fitzgerald and update this response to your question.
Thank you for the heads up on this issue. I’ve been waiting and watching Howard Lutnick to see when the hammer was going to drop that would explain why Trump selected him for his administration. Lutnick is a bad guy.
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Articles on Cantor Fitzgerald and Carlton Bartels – air trading.
Carlton Bartels Speech https://thetechnocratictyranny.com/PDFS/Bartel_Cantor_Speech.pdf
Carlton Bartels – environmental brokerage house
https://thetechnocratictyranny.com/PDFS/Bartels_Air_Market_1992_Clean_Air_Act.pdf
I also forgot to mention that I have a series of articles on my website under the category of Energy. On this page scroll down toward the bottom of the page looking for the series called: Smart Grid – Rest of the Story. Those articles include information on the Renewable Energy Credits and much more.
https://thetechnocratictyranny.com/control-energy-control-the-world/
Vicky Davis
I just talked to a friend of mine who used to work with the Swift System. SWIFT is a bank-to-bank trading platform. It’s a messaging system between banks for transactions between banks. Side note – they knocked Russia off the platform presumably for the war in Ukraine. That is the sanction against Russia that you hear about.