A MAJOR Australian energy company has decided not to wait for the start of a national emissions-trading scheme in 2010 and is offering to buy and sell future permits to its customers.
The Australian: AGL makes first trade in emissions scheme
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Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.
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its called early price finding and is built into the phase in of the scheme
I think its called covering one’s guilty arse and thence being perceived to lead the multitude down the paths of righteousness.
A company needs to plan ahead, based on the realities of the market place.
Which one of you sinners gonna step up next?
Paul,
this is not the activity of the market place but of government dictate.
Yes Louis, but the government has dictated that there will be emissions trading.
spangled drongo, AGL is a gas company, not a coal company. Your account is absurd, given that switching to gas reduces emissions.
More likely AGL just has some competent staff who are doing there assignments with full use of the time they have instead of cramming it on the night before.
A good lesson for skeptics – even if you are skeptical, remaining defiant and inactive to the very last possible minute is not always the most beneficial course of action. Taking some measured action while still remaining skeptical is an option, and possibly a really sensible one.
AGL sold 10000 tonnes of GHG to Westpac. How does that work? What can Westpac do with it does it mean AGL will produce less because they also have set a limit to restrict production? Will these be traded on the stock market? If GHG are not controllable because no nation or body can have controll does result in a lot of hot air? I thought if can demonstrate I can remove GHG then I could sell credits this seems the other way around AGL puts GHG into the air doesn’t it!
German electrical utilities have discovered that they can reap huge financial rewards from the CO2 trading scheme.
Should anyone be surprised that others can make money on the same scam?
German electrical utilities have discovered that they can reap huge financial rewards from the CO2 trading scheme.
Should anyone be surprised that others can make money on the same scam?