Carbon Credits
"NEW YORK, NY--(MARKET WIRE)--Sep 5, 2006 -- Green Energy Resources (Other OTC:GRGR.PK - News) hailed passage of California's greenhouse gas emissions law as the dawn of the green energy era in the US. The landmark bill sets emissions limits for industry as well as power utilities. The impact and implications reverberate nationwide. The bill mirrors the internationally enacted Kyoto protocol, but changes the dates to reflect present day realities. California is the world's 16th largest greenhouse gas emitter. The bill surpasses the initiative of the nine (9) Northeast states passed last year to curb greenhouse gases to reduce global warming. Other states are likely to follow California's lead."
Just a wild guess but, I'd say the price of a carbon credit is going to rise. And no, I'm not pushing GRGR, don't own it and never have.
If you find yourself in a fair fight, your tactics suck.
