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On Wed, 12 Dec 2007 07:11:38 -0800 (PST), Chuck Gould
wrote: If present trends continue, the Arctic will be ice free during the summer months as early as 2012. Nowhere did NASA, the AP, or I insist that you sell your big block pickup truck and take up driving a Prius instead. :-) Wnat to know what this is all about Chuck? Here 'ya go. http://investor.nymex.com/releasedet...leaseID=281322 "The broad slate of new environmental products will perfectly complement NYMEX's energy complex, enabling The Green Exchange customers to efficiently manage the cost of reducing their 'carbon footprint.' The Green Exchange expects to focus on both global and regional compliance trading while also building liquidity and demand for the highest quality voluntary standards in the market. Underlying all this will be the ability for all market participants to manage risk and take positions in environmental derivatives markets." "Initially, The Green Exchange intends to offer trading in global carbon-based contracts, such as carbon allowances (EUAs) under the European Union Emissions Trading Scheme, carbon credits (CERs) under the U.N. Clean Development Mechanism, and verified greenhouse gas emission reductions (VERs/VCUs) used in accordance with voluntary carbon standards. The Green Exchange will also offer contracts for U.S. SO2 and NOx emissions allowance trading programs, as well as contracts for national Green-e™ certified voluntary renewable energy certificates (RECs)." There it is - it's all about making money. The more dire warnings and other "climate change" bull****, the more money is to be made. And guess who's going to take it right in the wallet - you, me and other stiffs who will be paying for it in the end. |
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