| | While [[Barack Obama]] served as a board member for the Chicago-based Joyce Foundation, it gave nearly $1.1 million to start the Chicago Climate Exchange, calling itself "North America's only cap and trade system for all six greenhouse gases, with global affiliates and projects worldwide."<ref>[https://www.foxnews.com/politics/2009/03/25/obama-years-ago-helped-fund-carbon-program-pushing-congress/ Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress,] By Ed Barnes, March 25, 2009. FoxNews.com</ref> In 2010, the Chicago Climate Exchange collapsed.<ref>[https://www.foxnews.com/politics/2010/11/09/collapse-chicago-climate-exchange-means-strategy-shift-global-warming-curbs/ Collapse of Chicago Climate Exchange Means a Strategy Shift on Global Warming Curbs,] By Ed Barnes, November 09, 2010, FoxNews.com</ref> As many investors were wiped out, its founder sold out before hand for $90 million and [[Al Gore]], who was also associated by name with the company, pocketed $18 million. | | While [[Barack Obama]] served as a board member for the Chicago-based Joyce Foundation, it gave nearly $1.1 million to start the Chicago Climate Exchange, calling itself "North America's only cap and trade system for all six greenhouse gases, with global affiliates and projects worldwide."<ref>[https://www.foxnews.com/politics/2009/03/25/obama-years-ago-helped-fund-carbon-program-pushing-congress/ Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress,] By Ed Barnes, March 25, 2009. FoxNews.com</ref> In 2010, the Chicago Climate Exchange collapsed.<ref>[https://www.foxnews.com/politics/2010/11/09/collapse-chicago-climate-exchange-means-strategy-shift-global-warming-curbs/ Collapse of Chicago Climate Exchange Means a Strategy Shift on Global Warming Curbs,] By Ed Barnes, November 09, 2010, FoxNews.com</ref> As many investors were wiped out, its founder sold out before hand for $90 million and [[Al Gore]], who was also associated by name with the company, pocketed $18 million. |