Carbon Credit Stocks.pk

[buccaneer1961]

i never heard of trading carbon credits til today,and was told you can make good money...any suggestions how or what ones to buy?

[PENNIEStoSTACKS]

MBOT Here are some added CARBON Stocks for your ibox list

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81683651

[MadeBucksOnThis]

Full steam ahead for carbon trading

http://www.newscientist.com/article/dn22516-full-steam-ahead-for-carbon-trading.html?cmpid=RSS|NSNS|2012-GLOBAL|online-news

17:32 20 November 2012 by Michael Marshall
For similar stories, visit the Climate Change Topic Guide
How can you force firms to cut down their carbon emissions? Put a price on them. That's the idea behind carbon trading, which got a boost last week when California launched the world's second-largest carbon market. Other new and improved trading systems are springing up around the globe and could eventually work together.

We need to cut greenhouse gas emissions as efficiently as possible to prevent dangerous climate change. So, the argument for carbon trading goes, we should be able to trade the right to emit: firms that cut emissions can profit by selling emissions permits to those that do not.

Dream market

Concerned scientists, politicians and activists have long dreamed of a global carbon market, one that would compel companies, wherever they are based, to buy emissions permits, issued annually, or to stop emitting. The Kyoto protocol, which expires this year, came into force in 2005 to realise this dream, but it was only adopted by 37 countries.

"The best scenario would be one global market," says Luca Taschini of the Grantham Research Institute in London. But it's unlikely that countries will all sign up to the same scheme. Instead, success is likely to come from the growth of local markets that could eventually connect to form a more global market.

The first carbon market was the European Union's Emissions Trading System (ETS), set up as a result of the Kyoto protocol. Richard Newell and colleagues at Duke University in Durham, North Carolina, calculate that European emissions fell by 2 to 5 per cent between 2005 and 2007 thanks to the ETS. Since then, however, the system has struggled, partly because firms were handed too many permits for free.

According to Andreas Löschel of the Centre for European Economic Research in Mannheim, Germany, there are a staggering 1.3 billion surplus permits, equivalent to 1.3 billion tonnes of carbon. That's over a quarter of the EU's total annual emissions.

Getting better

Newer schemes have learned lessons from the ETS and "are getting better", says Dallas Burtraw of Resources for the Future, a non-profit body in Washington DC. California's carbon market forces firms to bid at auction for emissions permits, which have a not insignificant minimum price. During the first auction last week, all permits for 2013 sold at just above this floor price, suggesting it ensured that emitting carried a cost.

One remaining problem with local carbon markets is that firms can avoid paying for emissions by outsourcing manufacturing abroad. This may explain why the UK's emissions fell in recent years. "A lot of emissions got exported to countries like China," says Taschini.

But as more carbon markets launch, fewer countries will be willing to import emissions. China, for example, is launching seven prototype markets, and hopes to have a national system by 2016. South Korea will set up a market next year, and Brazil, Mexico and India are considering setting them up too.

The system will work better if markets link up to trade internationally – greater competition for permits should add to the incentive to cut emissions. The first such link will be between the ETS and Australia's new trading system, after it launches in 2015. "Linking is the holy grail," says Burtraw

[PENNIEStoSTACKS]

I'll be watching ;) ~ http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81683651

[MadeBucksOnThis]

no, but its time to watch them now that it passed the bill

big play on them would be CLKTF, its been on hold for years bc of waiting on the legislation to pass but now its looking really good
IMO

just look at the SS, unbelievable @ this pps IMO

MBOT

[PENNIEStoSTACKS]

MBOT Have you been watching this one?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81670714

[MadeBucksOnThis]

cant say I recall, do ya have a link for em?

MBOT

[mick]

this was ones ya did on low flt for several pages...extended company symbols.

[MadeBucksOnThis]

more on CC's,

http://www.sandbag.org.uk/

MBOT

[MadeBucksOnThis]

Europe's top industrial firms have a cache of 240m pollution permits
from The Guardian World News by Damian Carrington

http://www.guardian.co.uk/environment/2011/jun/19/emissions-trading-manufacturing-industry

European Commission estimates energy-intensive sector will have accumulated allowances worth €7-12bn by the end of 2012

Some of Europe's largest industrial companies gained billions of euros from the carbon emission rules they lobbied fiercely against, new analysis reveals today.

Ten steel and cement companies have amassed 240m carbon pollution permits from generous allocations, according to a report by Sandbag, the carbon trading thinktank, seen by the Guardian.

The free permits, granted to companies with a market value of €4bn (£3.5bn), can be sold or kept for future use. The European commission estimates that the entire energy-intensive sector will have accumulated allowances worth €7bn-€12bn by the end of 2012.

"More and more businesses see that Europe's future lies in a highly efficient economy with low pollution," Baroness Worthington, Sandbag's founding director, said. "But a small group of carbon fat-cat companies are trying to stop this, in spite of making billions from a windfall of free pollution permits."

The steelmaker ArcelorMittal leads the list of companies in the report, with a current surplus valued at €1.7bn, followed by Lafarge, the cement group.

Tata Steel, in third place with a surplus valued at €393m, last month announced 1,500 job losses at its plants in Lincolnshire and Teesside, blaming emissions regulations as well as the economic downturn. Karl-Ulrich Köhler, chief executive of Tata Steel Europe, said at the time: "EU carbon legislation threatens to impose huge additional costs on the steel industry." Tata Steel declined to comment on the report.

The European Union emissions trading scheme (ETS) puts a cap on the carbon pollution emitted by energy and industrial companies. Those reducing their emissions can sell their spare permits to those who do not. But a combination of initial over-allocation by national governments and the economic decline has left the steel, cement, chemical, ceramic and paper sectors with many more permits than they need. The industries have lobbied hard against calls from governments including the UK for the tightening of the ETS and other emissions targets.

Eurofer, the lobby group representing all of Europe's steelmakers, said last month: "To remain competitive in the free, global steel markets, European steel needs … legislation that does not harm its competitiveness. But we are gravely concerned that EU climate change policy will do precisely that."

Cembureau, which lobbies for the cement industry, takes a similar line, stating: "It would be irresponsible to shift the [emissions] goalposts."

In the UK, the government has proposed incentivising low-carbon innovation by setting a British floor price for carbon from 2013. But this is opposed by the CBI. John Cridland, the director general of the employers' group, said: "It risks tipping energy-intensive industries over the edge."

The government has made some concessions, promising to produce plans later in 2011 to compensate businesses for any competitive disadvantage.

However, independent analysis by Bloomberg New Energy Finance found that the carbon permits held by the steel industry would cover its emissions for the next 12 years. "If the steel sector [on aggregate] did not sell any of its surplus, it would not have a need to purchase emissions until 2023," said Guy Turner at Bloomberg NEF.

The Sandbag report, based on public data, also found that nine of the 10 "carbon fat cats" bought between them 24.4m permits from the cheaper international market, mainly from companies in China and India. These can be used within the EU's trading scheme, enabling companies to retain the more valuable European ETS permits. Furthermore, despite the European companies claiming that tougher emissions rules would drive business overseas, some were paying overseas steel and cement companies for their international carbon permits.

"Purchasing carbon offsets from foreign competitors would not seem to be the actions of businesses genuinely concerned that the ETS will drive business abroad," said Worthington.

Not all companies are resisting the tightening of the European ETS. Five major energy groups, including Britain's Scottish and Southern Energy, last week called for spare permits to be withdrawn, a proposal supported by Sandbag.

"Failure to do so could severely hamper business incentives to invest in low-carbon technologies, as the price signal will be skewed in favour of fossil-based solutions," their statement said.

The Guardian contacted all the companies named by Sandbag. Those who responded argued that the surplus permits arose from decreased production and might be needed when the economy recovered. They said that without protection, steel and cement making would be driven to countries with less CO2-efficient manufacturing practices. Many called for global regulation of emissions

A spokesperson for ArcelorMittal said: "As part of our corporate responsibility strategy, we have decided that any sale of such surplus allowances will be reinvested into projects aimed at the improvement of our energy efficiency footprint, as this will help to reduce our overall CO2 emissions."

Erwin Schneider, at the steelmaker ThyssenKrupp, said: "Companies make decisions based on expected future developments. Any earnings from the past will either have been reinvested already or paid out to shareholders. Therefore it seems to be very misleading to use historic numbers to address our future position."

Emissions trading
Manufacturing sector
Corus
Arcelor Mittal
Tata
Europe
Scottish and Southern Energy
Energy industry
Carbon emissions
Climate change
Pollution
European Union
Damian Carrington

guardian.co.uk © Guardian News & Media Limited 2011 | Use of this content is subject to our Terms & Conditions | More Feeds

[MadeBucksOnThis]

which pages mick?

MBOT

[mick]

sounds good...say those pages of credits are those a combination of all in active and inactive?

[MadeBucksOnThis]

good to know mick, was in the pokie for a couple days, all is good now, enjoy vegas, interested to hear about the doc, when you finish ur appt, will be watching those stocks for sure...ring the register big in vegas my friend...

MBOT

[mick]

hi my friend---been working on several companies.

i'll be going to vegas sometime today.

be staying at bally's.

maybe back late monda nite.

say checkout this one......

chart reading is very good. inverted reading. clxm

we have chatted on smvi before...maybe ready.

i have doc's appointment shortly.............

[MadeBucksOnThis]

EU climate chiefs in row over future of emissions trading
from The Guardian World News by Fiona Harvey

Ambitious new energy efficiency directive could destroy pioneering greenhouse gas trading system

A row over the future of the European Union's pioneering greenhouse gas trading system is threatening to upset Europe's bid to win the global clean technology race.

Two powerful European commissioners are at loggerheads over whether to strengthen the emissions trading system, in order to maintain Europe's leadership on climate change. The row surfaced on Thursday at a conference in Brussels where the president of the European commission, José Manuel Barroso, lauded the EU's efforts on cutting emissions and called for stronger action in the future.

Next week, the EU's energy chief, Guenther Oettinger, will unveil an ambitious new energy efficiency directive, aimed at forcing businesses to cut the amount of energy they waste. But, while backing the push for efficiency, clean technology experts warn that if the directive goes ahead in its current form, it could destroy the emissions trading market. Under the trading scheme, businesses are awarded a quota of permits to produce carbon, and cleaner companies can sell their spares to big emitters.

The problem is that if companies meet the new energy efficiency targets – which will apply to heavy industry as well as the building and construction sector - they will find themselves with large quantities of unused carbon permits. That in turn will drive down the price of carbon and render the emissions trading system useless.

For this reason Connie Hedegaard, the EU climate chief, favours cutting the number of permits available to businesses, for instance by setting aside a small portion of the permits due to be released from 2013. That would prop up the carbon price and ensure that businesses invest in clean technology as well as energy efficiency projects.

Many businesses are alarmed, arguing that they should be allowed to keep their permits as compensation for the stiff new efficiency regulation. Oettinger is known to be sympathetic to their pleas.

Barroso refused to step into the row publicly yesterday, but in a lively speech – in which the normally sombre statesman wowed his audience by quoting liberally from The Kinks – he insisted that the EU must go further than its current obligations.

He said: "It is clear to us that our current ambitious policy is working. But now it needs to be backed up over the long term. I will be working with my colleagues in the commission and across the [European Union] institutions to ensure we match our words with actions."

Brussels insiders are betting that Hedegaard will win the emissions trading argument, which must be settled by next Wednesday when the new efficiency directive is launched. A compromise would allow a provision in the statement for "adjustments" to the emissions trading scheme, which could include setting aside permits.

Oettinger also made a key public concession to Hedegaard on Thursday, by acknowledging the need to set new targets for renewable energy beyond 2020 when the current 20% target expires. When Hedegaard floated the idea in the Guardian last month, Oettinger insisted that it was too early to think of such longer term targets.

On Thursday he quoted estimates that a 45% renewable target would be needed for 2030.

Barroso also indicated that longer term targets were firmly on the agenda, as he welcomed the latest report from the Intergovernmental Panel on Climate Change (IPCC), which found that as much as 77% of the world's energy could come from renewable sources by 2050, if the right government policies are pursued.

He said: "It was the combination of science with leadership that drove the smog from our cities, reduced acid rain, and closed the hole in the ozone layer. It is also the evidence of science combined with leadership that has helped us fight diseases such as HIV/Aids.We need that powerful combination to swing into action again. Let us use this IPCC report to help fill the gap between our 2020 targets and our 2050 objectives."

Barroso then delighted the conference by going off his scheduled remarks to quote an entire verse from the 1968 track The Village Green Preservation Society, nearly bursting into song as he explained the parallels between the commission and a preservation society.

The IPCC report, first published just over a month ago, has attracted criticism this week from climate change sceptics, who have complained that a scientist from Greenpeace was one of more than 120 authors of the study. They claim that this makes the study biased.

Rajendra Pachauri, chair of the IPCC, dismissed the claims, pointing out that the Greenpeace scientist was one among a large number of voices from across the scientific spectrum, including some who are sceptical of the role of humans in climate change, invited to take part in the IPCC process. He also remarked that he had frequent contact with businesses without attracting accusations of bias.

Executive director of Greenpeace UK, John Sauven, said: "Exxon, Chevron and the French nuclear operator EDF also contribute to the IPCC, so to somehow paint this expert UN body as a wing of Greenpeace is preposterous. Indeed, we've criticised the IPCC for being too conservative over the years. On this occasion our advice was given weight, but that's hardly surprising given that it was developed with the German Aerospace Centre, while Imperial College, Oxford Economics and McKinsey have also outlined the vast potential of renewable energy."

The IPCC report on renewable power is a rare interim study between the landmark comprehensive reports on the state of scientific knowledge on climate change, the last of which was published in 2007 and the next not expected until 2014.

For the curious, Barroso's unscheduled Kinks riff in full went as follows:

"I don't know if many of you will remember a song from 1968 called 'The Village Green Preservation Society' by Ray Davies from The Kinks. The song goes:

"We are the Village Green Preservation Society

God save Donald Duck, Vaudeville and Variety

We are the Desperate Dan appreciation society

God save strawberry jam and all the different varieties"

Sometimes I feel that the commission is like a village green preservation society. But this is not just about preserving the planet we have inherited, it is about what we can do to make this a better place for living."

[mick]

yes this is good stuff here my friend.

[MadeBucksOnThis]

you too mick, TTYL


MBOT

[mick]

i am going to sign out.

need a break.

have a good one my friend.

[MadeBucksOnThis]

hope it was informative...

MBOT

[MadeBucksOnThis]

ok then

smvi

grdo

dtro

[mick]

thank you lots very nice references.

re;
Carbon credit

http://en.wikipedia.org/wiki/Carbon_credits




A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one tonne of carbon or carbon dioxide equivalent (tCO2e).[1][2][3]
Carbon credits and carbon markets are a component of national and international attempts to mitigate the growth in concentrations of greenhouse gases (GHGs). One carbon credit is equal to one ton of carbon dioxide, or in some markets, carbon dioxide equivalent gases. Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources. The goal is to allow market mechanisms to drive industrial and commercial processes in the direction of low emissions or less carbon intensive approaches than those used when there is no cost to emitting carbon dioxide and other GHGs into the atmosphere. Since GHG mitigation projects generate credits, this approach can be used to finance carbon reduction schemes between trading partners and around the world.
There are also many companies that sell carbon credits to commercial and individual customers who are interested in lowering their carbon footprint on a voluntary basis. These carbon offsetters purchase the credits from an investment fund or a carbon development company that has aggregated the credits from individual projects. The quality of the credits is based in part on the validation process and sophistication of the fund or development company that acted as the sponsor to the carbon project. This is reflected in their price; voluntary units typically have less value than the units sold through the rigorously validated Clean Development Mechanism.[4]

http://en.wikipedia.org/wiki/Carbon_credits

[mick]

like surprise surprise.

[MadeBucksOnThis]

companies need to report earnings from them, then KABOOM!!!

MBOT

[mick]

i hope all these carbon ones get hot again.

[MadeBucksOnThis]

no, not yet, still on the back burner fer now

MBOT

[mick]

good reading again. thanx

maybe want to establish here?

http://investorshub.advfn.com/boards/board.aspx?board_id=1505

[MadeBucksOnThis]

Carbon credit

http://en.wikipedia.org/wiki/Carbon_credits




A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one tonne of carbon or carbon dioxide equivalent (tCO2e).[1][2][3]
Carbon credits and carbon markets are a component of national and international attempts to mitigate the growth in concentrations of greenhouse gases (GHGs). One carbon credit is equal to one ton of carbon dioxide, or in some markets, carbon dioxide equivalent gases. Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources. The goal is to allow market mechanisms to drive industrial and commercial processes in the direction of low emissions or less carbon intensive approaches than those used when there is no cost to emitting carbon dioxide and other GHGs into the atmosphere. Since GHG mitigation projects generate credits, this approach can be used to finance carbon reduction schemes between trading partners and around the world.
There are also many companies that sell carbon credits to commercial and individual customers who are interested in lowering their carbon footprint on a voluntary basis. These carbon offsetters purchase the credits from an investment fund or a carbon development company that has aggregated the credits from individual projects. The quality of the credits is based in part on the validation process and sophistication of the fund or development company that acted as the sponsor to the carbon project. This is reflected in their price; voluntary units typically have less value than the units sold through the rigorously validated Clean Development Mechanism.[4]

http://en.wikipedia.org/wiki/Carbon_credits

[mick]

opps i thought to stay away from finds they did something like this. i need to understand better . thanx.

[MadeBucksOnThis]

They are not insurance mick, but tax and sell-able paper

MBOT

[mick]

we haven't heard much on these insurance payments but some do pay.

[MadeBucksOnThis]

sometimes things happen overnight, when you look back at them...

MBOT

[mick]

it is a very good idea and for references.

[MadeBucksOnThis]

yes thats why we have this forum, makes us look smart when they come into play......lol

MBOT

[mick]

i have been very busy. this is interesting MT

re;
Not trying to change the subject mick ,but here is something on ECOF that is interesting.Oh ,and it has dropped to almost .20 too like I was thinking.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46311650

[muaythai]

Not trying to change the subject mick ,but here is something on ECOF that is interesting.Oh ,and it has dropped to almost .20 too like I was thinking.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46311650

[mick]

katx
5MA---10MA---20MA PPO---ADX---TRIX---VOLUME


HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND.


10yr, Chart

[mick]

ecof
5MA---10MA---20MA PPO---ADX---TRIX---VOLUME


HISTORICAL: 3yr. 50-200ma...RSI - MACD - CMF - PRICES - VOLUME - BLACK BACKGROUND.


10yr, Chart

[muaythai]

Sure enuff , they're dropping like a ruptured duck.Wander how far they'll go.

http://ih.advfn.com/p.php?pid=squote&symbol=ECOF

[mick]

a lot is in the ibox for this item.

[mick]

not sure. to here?

http://investorshub.advfn.com/boards/board.aspx?board_id=4742

hoe does carbon stuff work?

is it realy worth it and the cost?

e.p.a. needs to be dissolved.

[muaythai]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45821152

Here's a long shot mick.The trees for the CC at SGCP might be comming from an australian nursery.EFOF has an office in Queensland , and a nursery I believe.Hmmm , are they the supplier?I think where there is smoke there might be fire in this case.Some more digging might show this to be the case.A contract to provide Kiri trees for all the SGCP projects could be a good revenue source for 2010.MT

[mick]

o.k., anything else?

[muaythai]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45687744

[muaythai]

I'm still looking for it to drop below .20 before I consider it.It is definately a watch lister though.

[mick]

hi mt. ecof is isn't a bad thought from reads.

[MadeBucksOnThis]

repost...

MBOT

Posted by: stervc Date: Tuesday, January 19, 2010 9:42:13 AM
In reply to: gadsen who wrote msg# 12476 Post # of 12638

gadsen, with Carbon Credits...

There is some good and bad out there about carbon credits, but from doing my DD, it will be not primary, not secondary, but possibly tertiary on their list of things to get around to venturing. If anything in this arena works out in their favor, it could bring huge Revenues to KATX. Here is something below that's very powerful that supports carbon credits:

http://www.ecoseed.org/en/general-green-news/green-business-news/green-business-news/5470-Steel-magnate-strikes-gold-in-carbon-credits
Steel magnate strikes gold in carbon credits
Tuesday, 08 December 2009 07:30

Indian tycoon Lakshmi Mittal’s steel empire could earn him a £1 billion ($1.643 billion) windfall through carbon credits from the European emissions trading scheme, reported the British Sunday Times.

The European emissions trading scheme (E.T.S.) grants a company carbon dioxide emissions allowance. Once they exceed the emissions cap, they must buy extra permits from other companies with unused allowances.

According to the Sunday Times, an investigation revealed that steel plants in the E.U. under Mr. Mittal’s company Arcelor Mittal were permitted 90 million metric tons of emissions from 2008 to 2012. However, the company emitted just 68 million metric tons partly due to the recession.

Since the company reportedly has the lion’s share of credits in the region, Anna Pearson, an E.T.S. expert, pointed out that Arcelor could avoid cutting greenhouse gas emissions for years that could undermine the point of the scheme.

This year, the company’s emissions are even expected to dip to 43 million metric tons. Ms. Pearson estimated that the company could even accumulate a surplus of 80 million metric tons, which is equivalent to the pollution Denmark makes in a year.

Carbon credits are currently worth £12.70 each, but the E.U. plans to drive up the price to over £30.

Professor Jim Hansen, director of National Aeronautics and Space Administration’s Goddard Institute for Space Studies, said companies go into emissions trading expecting to reap huge profits.

ArcelorMittal said its excess carbon credits are an increasingly important asset.

The steel company is listed on the stock exchanges of Paris, Amsterdam, New York, Brussels, Luxembourg and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia.

[muaythai]

Oops my bad .0032 friday to close ,but down to .0026

[muaythai]

I think it was at .26 friday.

[mick]

hi MT, where is pps at? ECOF

[muaythai]

ECOF mick. Eco2forrest , they grow the Kiri trees that everyone will be planting for the CC projects worldwide.But they are too expensive to get into right now.I'mthinking they might go down some.A good one for your watch list.They recently announced a sell of some CC's.I believe it was 1/5/10.
Doin good here.It's great to be working again even though the pay is low.Just a crew boat unlicensed engineer job.The owner acknowledges that I'm way over qualified , and I'm hoping to see more jingle soon.But it's a 1 boat company with none of the rules that the big boyz have.(unlimited fishing available)So , I'll be getting alot of fresh snapper this year.MT