Some countries are already taxing carbon, and China just announced the schedule for a massive carbon tax, good for $MVTG. Parts of the US are using carbon bank loans and credits like we used since the 1970s for reducing VOCs NOx and SOx air pollution from stationary sources which is market based and worked like a charm with out hurting US industry.
The resale value of Texas VOCs jumped from $10,000/ton to $243,000 per ton per year last year when cheap US natural gas caused a massive increase in Gulf Coast petrochemical plant expansion permits to move production back from China to the US now while natural gas is 75% cheaper in the USA than the 2008 peak thanks to horizontal drilling and fracking technology.
$MVTG has a new technology that can profit from carbon trading by converting CO2 into a new generation of plastics and fuels.... at a profit :-)
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