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Global Warming, Climate Change Disaster Or Opportunity?, An Inconvenient Truth about Profits, Solutions & Carbon Credits.
megaplex
post Aug 23 2010, 07:48 AM
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We are in a crisis and at the same time on the verge of the biggest a greatest financial opportunities in the history of the world.

Here's a FREE ebook called the green guide, the numbers are staggering.

I'll post more as I go so long as this forum allows it.

This post has been edited by megaplex: Aug 23 2010, 03:48 PM
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megaplex
post Aug 23 2010, 03:51 PM
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Indonesia's $1 billion green investment fund. By Reuters News on January 27, 2010.

JAKARTA, Jan 26 (Reuters) Indonesia plans a $1 billion green investment fund this year to drive infrastructure developments that aid growth and help cut greenhouse gas emissions, a finance ministry official said on Tuesday.

Indonesia has promised to slash its emissions by at least 26 percent from business as usual levels by 2020 but recently re-elected President Susilo Bambang Yudhoyono has also vowed to boost economic growth to 7 percent or more by 2014.

At global climate talks in Copenhagen last month, Yudhoyono announced a plan to develop the Indonesia Green Investment Fund, which will catalyse infrastructure development that could speed economic growth, boost food and clean water production and also help cut emissions blamed for global warming.

Indonesias sovereign wealth fund the Government Investment Unit will put $100 million into the fund and a further $900 million will come from foreign governments including Norway and Australia, plus institutional investors, said Edward Gustely, a senior adviser to the Ministry of Finance.

Were in the initial stages but the target is to have this fund operational within this year, Gustely told Reuters, adding the fund would rival Brazils Amazon Fund in size and scope. Theres no reason why this cant, in the next five years, scale to $5 billion or more.

Brazil launched its Amazon Fund last year to promote sustainable development and scientific research in the worlds largest rain forest, with donations from European countries and the first projects unveiled last month.

Indonesia last year became the first country to launch a legal framework for a U.N.-backed scheme called Reducing Emissions from Deforestation and Degradation, allowing polluters to earn tradeable carbon credits by paying developing nations not to chop down their trees.

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Indonesias green investment fund will not offer loans or grants but rather top-up funding needed for projects where a bank lender is seeking an additional equity injection.

Many technology providers and project sponsors dont have the balance sheet to top up the required equity needed to secure financing, said Gustely. We would come in and play a catalyst role to ensure good projects with good asset quality, with good expertise and proper management, can be deployed and proceed.

The Copenhagen talks failed to achieve a legally binding agreement to reduce greenhouse gas emissions but projects like the Indonesia Green Investment Fund were a way for countries to take initiative at home, said Gustely.

This is driven by how to create more food, water and energy in a sustainable fashion while trying to achieve Indonesias growth objectives, he said.

Fitrian Ardiansyah, climate change programme director for WWF Indonesia, welcomed the fund but said more needed to be done to reduce Indonesias greenhouse gas emissions.

The Indonesian government heavily subsidies fossil fuels, but investment in renewable energy sources is too expensive. The government must help the private sector by making investment in renewable energy sources cheaper, which will address the problem. But at the moment coal plants continue to be built, which does not help, he said.
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megaplex
post Sep 6 2010, 10:06 PM
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Carbon Trading May Dwarf That of Crude Oil

If carbon cap-and-trade becomes a reality, get ready for a potential multi-trillion dollar commodities market that could sprout up quickly, but not without growing pains.

“I’m estimating carbon markets could be worth $2 trillion in transaction value – money changing hands – within five years of trading (starting),” says Bart Chilton, a Commodity Futures Trading Commission (CFTC) commissioner, who's also chairman of its energy and environmental markets advisory committee. “That would make it the largest physically traded commodity in the US, surpassing even oil.”

Chilton's estimate is based on futures activity in commodities. “It’s a fairly reasonable to estimate 10 times the expected cash market,” he says, pointing to a multimillion dollar voluntary carbon market in the US in 2008.

That could mean a carbon emissions market of 60 to 180 million contracts. By comparison, 135 million contracts of light sweet crude oil, 39 million contracts of natural gas and 53 million of all metals were traded on the Nymex in 2008.

“It’s very exciting, the opportunities are really unbounded,” he says. “We’re going to see innovation and really fast and furious growth. The potential for this market is truly impressive.”

US carbon markets are just getting started. ohmy.gif

The World Bank estimates the value of global carbon markets jumped from $110 million in 2002 to $126 billion in 2008, while a recent report by New Carbon Finance and Ecosystems Marketplace shows 123 million tons of carbon credits worth $705 million were traded here in 2008.

Making Sense And Money Out Of CarbonSlideshow: Greenest CompaniesComplete Green CoverageSlideshow: Best States For Green JobsClinton Challenges US To Embrace Climate ChangeGuest Blog: Carbon Pricing and Your Investments

While that’s more than double that of 2007’s 65 million tons and $331 million, it’s still a drop in the bucket compared to the world’s largest carbon market, the European Union Emission Trading Scheme (EU ETS). Launched in 2005 to provide a market for EU member compliance with the Kyoto agreement, it handles about 2.1 billion tons in the European carbon market.

Europe's is a compliance market, where market participants—power plants, big industrial users and so on—are compelled to law to have the necessary carbon credits to cover their operations.

In the U.S., some small compliance markets exist, but the most active market is the voluntary market, where companies choose to buy or sell carbon credits to get ahead of regulation or to fulfill their own corporate social responsibility goals.

The OTC market once dominated this voluntary carbon trading, but as tracking and trading infrastructure has grown, the Chicago Climate Exchange (CCX) took off. In 2008, it handled more transactions than the OTC for the first time ever, according to the New Carbon Finance report.

The exchange offers a voluntary but legally binding platform to trade carbon emissions and counts such companies as chemical manufacturers Potash Corp.[POT 148.50 -0.05 (-0.03%) ] and FMC Corp. [FMC 65.26 0.77 (+1.19%) ] and energy provider DTE Energy [DTE 47.54 0.11 (+0.23%) ]among its members.

On the other side, compliance markets require participants to reduce emissions by auctioning and granting them allowances and allowing them to buy credits as needed. To date, only one such market exists in the U.S.; the northeast’s Regional Greenhouse Gas Initiative (RGGI), where member states—Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont -- regulate emissions from electricity plants over 25 megawatts..

The regional organization closed its fifth quarterly carbon allowance auction in early September and has auctioned more than 110 million allowances worth $366.5 million since its launch in 2008.

Other nascent regional compliance markets include two launched in 2007: the Western Climate Initiative—a group of US and Mexican states as well as Canadian provinces—and the Midwestern Greenhouse Gas Reduction Accord, whose members are primarily US states. Neither has yet to hold an auction.
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megaplex
post Sep 25 2010, 06:42 PM
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I wanted to announce that we will bo opening the worlds first CabonCredit private trading exchange
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megaplex
post Oct 2 2010, 08:00 PM
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One week to go
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megaplex
post Oct 16 2010, 08:17 PM
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I am wondering what section to put that in because we are partly HYIP, auction and mlm
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