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To: AU72
Are these 'carbon offsets' tradable?

Clearly things are heading that way, there is much talk of some carbon producers buying unused "carbon use" allotments from other companies.

So if I become a non-producing business, can I just sell "my own" carbon credits to other companies?

18 posted on 07/21/2008 9:22:12 AM PDT by weegee (Obama loves America like Bill loves Hillary.)
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To: weegee
"So if I become a non-producing business, can I just sell "my own" carbon credits to other companies? "

I'm not sure how it works, but some of the newer ethanol and bio fuel plants are so efficient, that they are generating "carbon tax credits" (which are worth $30 each) which directly increases their bottom line financial earnings.

This is really ticking off the Gore-Bull warming pundits, because they were expecting these companies to BUY carbon offsets, not produce them for profit.
They didn't expect American capitalists to figure out a way to tuen it into a money maker, thus keeping American dollars in America.

22 posted on 07/21/2008 9:32:10 AM PDT by Nathan Zachary
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