InvestorsHub Logo
Followers 29
Posts 8579
Boards Moderated 0
Alias Born 07/06/2009

Re: None

Tuesday, 12/08/2009 9:34:35 AM

Tuesday, December 08, 2009 9:34:35 AM

Post# of 83075
Carbon Credits on December auction was up 4x from previous auction. The world's economies are growing again - pushing out more carbon dioxide and other green house gases.

SGCP carbon credit assets are growing in monetary value. A case could be made for waiting for a higher price. Why accept $10 million when one could receive $20 million next month/quarter?

Similar to gold. If a company is pretty sure that gold will increase 50%, it may just warehouse it and sell the load at the higher price.

EPA decision makes carbon credits like SGCP (offsets) more valuable in the shorter term.