Has anyone else seen the PBS program about carbon credits ?

Some of our esteemd wall street gurus are trying to package and
market carbon credits that they would like to sell on wall street.

Anyone have any thoughts on these new wall street products ?

Will carbon credits be the cause of the next bailout ?

Seems to me that carbon credits have no real tangable value.

Best Regards
Tom.

"azotic" wrote in message
...
Has anyone else seen the PBS program about carbon credits ?

Some of our esteemd wall street gurus are trying to package and
market carbon credits that they would like to sell on wall street.

Anyone have any thoughts on these new wall street products ?

Will carbon credits be the cause of the next bailout ?

Seems to me that carbon credits have no real tangable value.

Best Regards
Tom.




Some say cc's are effectively a "licence to pollute", that is something that
could have quite some tangible value in the near future.

"azotic" wrote in :

Has anyone else seen the PBS program about carbon credits ?

Some of our esteemd wall street gurus are trying to package and
market carbon credits that they would like to sell on wall street.

Anyone have any thoughts on these new wall street products ?

Will carbon credits be the cause of the next bailout ?

Seems to me that carbon credits have no real tangable value.

Best Regards
Tom.




They're just smoke and mirrors. GRIN


--
I used to be an anarchist but had to give it up: _far_ too many rules.

"Eregon" Eregon@Saphira.ørg wrote in message
...
"azotic" wrote in :

Has anyone else seen the PBS program about carbon credits ?

Some of our esteemd wall street gurus are trying to package and
market carbon credits that they would like to sell on wall street.

Anyone have any thoughts on these new wall street products ?

Will carbon credits be the cause of the next bailout ?

Seems to me that carbon credits have no real tangable value.

Best Regards
Tom.




They're just smoke and mirrors. GRIN




Well, smoke anyway.

CC's have been around a long time. 1970's the first I heard of it was
for "developed" countries to provide new and clean technology to “third
world” countries. They did not produce carbon emissions or very little
compared to, say, the US. And having hi tech solutions, MAY not produce
much carbon. The provider country could then use a portion of the allotted
carbon of the receiving country. Who and how each country was to receive it’s
credits, I don’t know if that was ever figured out.



There was talk of even companies being able to trade with countries.



I suspect it been *******ized to meet profit goals of a few.



Wow, sounds kinda familiar…..

"Rick Samuel" wrote in message
...

I suspect it been *******ized to meet profit goals of a few.



Wow, sounds kinda familiar...


Thats exactly what was depicted in the documentery. A couple of wall street
wonders were trying to purchase
carbon credits from pacific island nations and repackage them for sale thru
goldman sachs.

Turning pollution into profits for wall street, but who gets the bill for
the clean up.

Best Regards
Tom.

On Mon, 29 Sep 2008 06:43:43 GMT, the infamous Eregon
Eregon@Saphira.ørg scrawled the following:

"azotic" wrote in :

Has anyone else seen the PBS program about carbon credits ?

Some of our esteemd wall street gurus are trying to package and
market carbon credits that they would like to sell on wall street.

Anyone have any thoughts on these new wall street products ?

Will carbon credits be the cause of the next bailout ?

Seems to me that carbon credits have no real tangable value.

Best Regards
Tom.




They're just smoke and mirrors. GRIN

God'll getcha for that one.

The Carbon Credit thing is just one more way the liberals do their
little redistribution-of-wealth jig.

--
The reasonable man adapts himself to the world; the unreasonable one
persists in trying to adapt the world to himself. Therefore, all
progress depends on the unreasonable man.
-- George Bernard Shaw

They're just smoke and mirrors. GRIN

God'll getcha for that one.

I wouldn't be so sure of that. Can you still buy "indulgences" from the
Catholic Church?
--
Stupendous Man,
Defender of Freedom, Advocate of Liberty

"azotic" wrote in :

Turning pollution into profits for wall street, but who gets the bill
for the clean up.


The Taxpayer, of course!

--

I used to be an anarchist but had to give it up: _far_ too many rules.

"Stupendous Man" wrote in news:6kcc0eF75tm9U1
@mid.individual.net:

They're just smoke and mirrors. GRIN

God'll getcha for that one.

Where do you think that _I_ got it from? g


I wouldn't be so sure of that. Can you still buy "indulgences" from the
Catholic Church?

Not totally sure if the current Pope is peddling them but Pius XII made a
mint off the NAZIs in 1944-1950 and even supplied them with Vatican
Passports.


--
I used to be an anarchist but had to give it up: _far_ too many rules.

azotic wrote:
Has anyone else seen the PBS program about carbon credits ?

Some of our esteemd wall street gurus are trying to package and
market carbon credits that they would like to sell on wall street.

Anyone have any thoughts on these new wall street products ?

This is a good idea.


Will carbon credits be the cause of the next bailout ?

No


Seems to me that carbon credits have no real tangable value.

Sure they do. The commodity is pollution.


--

John R. Carroll
www.machiningsolution.com