Friday, February 18, 2011 2:09:39 PM
I was extremely positive and excited about the Carbon prospects at the time myself.
The problem is the world did not respond to it in Copenhagen and Global Financial concerns exceeded Carbon Markets and Environmental Spending.
That means the Enviroment took a back seat to Financial Priorities and concerns.
There is still no replacement for Kyoto and although there has been sporadic interests in Carbon markets in several different countries there has been no unified position to support let alone dictate a carbon market.
Our CC failings are one thing I actually do not fault current management with.
They had no control in the carbon market or its apparent decline after Copenehagen.
One of the fundamental problems is that countries like China and India wanted to be recognized as Developing Nations even though I wouldn't be surprised if China is the largest Carbon Producer on the Planet.
The carbon market still shows signs of life occasionally and could make a differance but the last report from our Project was less than stellar.
It still could have a positive impact somewhere down the road.
eye
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