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Re: DDhawk post# 43

Tuesday, 09/28/2010 10:20:37 PM

Tuesday, September 28, 2010 10:20:37 PM

Post# of 10462
Hi Dave,
Just saw your message you're here.
Could this be why Squires hasn't had to go to the bank, Carbon credit advance? "The governments have entered into power purchase agreements with these companies, and even though the terms of those agreements have not been disclosed, market insiders say the governments propose to buy power from renewable sources at attractive prices." What may be falling in line is the timing: "Each project that generates CERs has to be approved by the United Nations Framework Convention on Climate Change and the process at times takes as long as a year." It gets you thinking if nothing else.

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