[Terrapreta] imagine this

[Tom Miles]

For current prices see Chicago Climate Exchange (CCX)
http://www.chicagoclimatex.com/

and Point Carbon  <http://www.pointcarbon.com/> http://www.pointcarbon.com/

 

See an interview with Richard Sandor, Chairman and CEO of CCX in < Big Foot
> by Michael Spector, New Yorker, February 25, 2008

http://www.newyorker.com/reporting/2008/02/25/080225fa_fact_specter?currentP
age=1

 

Tom

 

 

From: terrapreta-bounces at bioenergylists.org
[mailto:terrapreta-bounces at bioenergylists.org] On Behalf Of Greg and April
Sent: Monday, March 03, 2008 4:54 PM
Cc: Terrapreta at bioenergylists.org
Subject: Re: [Terrapreta] imagine this

 

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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