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Sunday, March 07, 2010 8:30:04 AM
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZ8zNBQafhxY
The coal industry is against it (CC) and that comes as no suprise. So the coal producing states want a bill to squash this thing or postpone it for a couple years. This is just what we want as sellers. Remember, a bill for Cap & Trade past the Congress last year and got nowhere in the Senat. The EPA can push regulation, it has that power and the Supreme Court told them so. Now they're (coal and petrolium/electric producers) up against the wall and something will get done. Or they'll just have to buy Carbon Credits. Once the US has a Carbon Market our credits will double in value.
There may be 100 or 200, maybe more buyers looking at our CC's. But they're under no pressure so they can push for their price.
There's no need to sell now.
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