Friday, September 16, 2011

Carbon Credits

I've just had a vision of the future which involves carbon credits. A business buys carbon credits,it continues doing what it's already doing, presumably polluting the atmosphere at a cost, the carbon credit price.
Carbon credits

A carbon credit is a generic term for any tradable certificate or permit representing the right to emit onetonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent (tCO2e) equivalent to one tonne of carbon dioxide.
In a quixotic attempt to change the climate, our government will create an artificial product which will have a value like any other product and be traded on the stock market like any other product. No doubt you will be able to buy futures in carbon credits, and trade in margins 

But here is the best part. Over time, the government will increase the cost of carbon credits to punish those industries that fail to reduce carbon emissions. The government sees this as an "incentive".
I see it as a once in a lifetime opportunity to make a financial bonanza.
You don't have to be a genius to figure out that investing in carbon credits early will guarantee you a handsome return on your investment in the long term.

So if you are a speculator or an investor, I recommend you buy carbon credits.

And the best part of all is that carbon credits will do absolutely nothing to affect climate change.

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