[Terrapreta] imagine this

[Greg and April]

Agreed.

IIRC, when the Kyoto Protocols were laid down, it was estimated that Carbon Credits would be in the area of $50 or more a ton - but last I heard they were worth all of about $8 a ton, and some nations were using them to support their fossil fuel industry.

Greg H.

  ----- Original Message ----- 
  From: MMBTUPR at aol.com 
  To: lou.gold at gmail.com ; MMBTUPR at aol.com 
  Cc: Terrapreta at bioenergylists.org 
  Sent: Monday, March 03, 2008 15:06
  Subject: Re: [Terrapreta] imagine this


            from          Lewis L. Smith

  The problem with credits is that they are intangibles, values created by a system, not a tangible object manufactured from materials or a repair job which produces a tangible change in the behavior of a tangible object.

  So many of the participants in the markets for credits will be at an information disadvantage.  Those of you who have had to buy a used car at some time in your life will know all about that !  

  This is why I believe some kind of standard will be necessary from the beginning and may not just evolve spontaneously. Those who have the information advantage at the beginning will want to keep it, unless the public sector, a trade association or such like intervene.

  Cordially. ###


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