Carbon Credit Offsets for Individuals??

Discussion in 'Wall St. News' started by marketsurfer, Apr 4, 2008.

  1. send me $100,000 and I'll plant a tree for you...

    how many billions of pounds of CO2 is generated from all these yearly forest fires?...

    solution: cut down all the forests
     
    #11     Apr 5, 2008
  2. Hey, I'll be glad to sell credits. If someone wants to pay me to turn down my thermostat in the winter I'll sure as heck take their money. It'll offset my cooling bill in the summer, because me and my computers can't stand heat in the house. On another line of thought I was actually looking into buying some farm land a couple blocks away and putting in a geothermal system for a business enterprise I've been thinking about getting up and running. I was thinking of going down a couple floors instead of up also to aid the geothermal system. And of course I will be looking to suck all the money I can out of the state and fed for money to pay for the geothermal. then I can also start selling some big time credits, maybe don't even need to have an actual business, just sell credits for my energy efficient building. :D
     
    #12     Apr 5, 2008
  3. big AlGore flew his Learjet to pick up his global warming Nobel Prize

    then took the train into the city to make it appear he was "carpooling"

    but a stretch Mercedes limo hauled his luggage to the hotel...

    Global warming.. scam
     
    #13     Apr 5, 2008
  4. Your Carbon Impact is
    74.91 metric tons of CO2 per year. That's about 6 tons per month
    Your footprint or Bigfoot’s – maybe you’ve been doing a lot of traveling, own a serious gas-guzzler or have a highly energy inefficient household. Whatever the reason, it’s cool to look out for the planet so get your family on board the green express, too, and make some serious lifestyle adjustments: recycling, energy-saving and offsetting.

    Have they put a dollar figure on the solution? No? The reason is it will never ever in a million years be solved. Imagine if some dingle berry bought a billion in credits, problem solved? No, problem created! The new problem would be showing your cards... Damn, deuces high, crap!
    Has anyone ever been along Pacific Coast Highway? Ever notice how high the ocean used to be? Long before man was even thought of. The earth has been covered in ice for extended periods and extremely tropical for others, nothing we can do about it.
    The largest producer of greenhouse gases are volcanoes. The greatest source of heat on earth comes from the sun. The sun, the orbit of the earth around the sun and the volcanoes have more effect than man will ever have.

    What I want to know is:
    Who wants to start a offset company with me? My thinking is to buy charcoal whole sale and bury it in my backyard.
     
    #14     Apr 5, 2008
  5. NTB

    NTB

    That seems like a pretty big amount of CO2 you are emitting each month sellingrich. What are you going to do about it? Nothing? This is man-made greenhouse gases. What the atmosphere produces naturally is of no concern as the system is in balance through the forces of nature. When man steps in and skews the equation, things get out of whack. At the margin differences have a huge impact. Haven't you noticed strange behavior of the weather patterns on a very regular basis these years. Science is proving this is not just myth. It is the marginal differences caused by man. Why not buy some credits to fund someone else to do an environmentally friendly project to offset your emissions? Projects such as farming methane gas from landfills, patching Gas pipelines, destroying hydroflurocarbons all qualify for the credits you would be purchasing. In effect, you are financing their ability to reduce man-made greenhouse gas emissions and offset your glutenous lifestyle. The capital market system will be the only way to solve the GHG/Global warming problem in my opinion. Go on for another few hundred years from now like this? You are really taking a gamble with the lives of future generations.
     
    #15     Apr 6, 2008
  6. You say that nature is in balance without man? Surely you must realize that it takes time for nature to react. Do you know that there are more trees in America now than in colonial days? I think nature will adapt for what man does, because man is a small part of nature on the scale of say a VOLCANO. Deal with facts. The planet circles the sun in patterns and some of those patterns every 20,000 years or so come closer to the sun. Volcanoes become more and less active just like the price patterns of your favorite stock. 25,000 years ago, woolly mammoths were roaming in North America, they could because it was so COLD. The temperature of the last 400 years is not indicative of the temperature of the next 400 years. Things are not meant to be the same forever. Have you ever heard the saying "There is nothing as constant as change"? Have you ever read "Past performance is not indicative of future results"? Do you think people are so stupid they will stand in the surf when the ocean laps at their door steps and not move inland but rather drown?
    Global warming is just another way to steal funds from our pockets. If it were as dire as you say, they would make cigarettes, alcohol, cars and buses illegal. A solar or wind power array 400 miles by 400 miles in the desert of Nevada could power the whole of the US, but it won't happen because the guvmint won't let it happen cause there is too much money in fear.
     
    #16     Apr 6, 2008
  7. Oh, and by the way, I sell greenhouse gases. CO2, SF6, gases for welding, air conditioning, smelting, refining ect. SF6 is on the bad list, as is freon. The prices of these have quadrupled many times over, yet they won't give them up because they work, and there is nothing better.
    The only time they are not used is when they are banned. Then they move production to Mexico or Malaysia. WHat did that solve? Cost went up, dirt got swept under the rug. Maybe you think we should go back to the horse and buggy days. Would that fix it? Are you sure? Give me a 100% sure fix and I'll join you. But you better make sense and be correct. Even if the US went horse and buggy, the rest of the world would continue on and just laugh at us.
    I already have 6 horses, so I'm ahead of you. And yes, they have ass bags that collect the methane that we burn for our greenhouse heater(sic).
     
    #17     Apr 6, 2008

  8. Perpetuate the crisis by offering no real solution.

    Slash and burn the rain forests to grow more biofuels for a net carbon offset of zilch.

    I wonder what will happen when this pseudo crisis keeps building and building into a huge bubble and bursts.
     
    #18     Apr 6, 2008
  9. Critics don't understand this market or it's mechanics. Of course, new markets are opaque and fraught with cheating, corruption and growing pains. That said, carbon emissions worldwide are coming down as a direct response to the Kyoto Protocol and the Cap and Trade model for Carbon emissions. Multi-billions of dollars are currently being traded by major corporations in the compliance markets in countries who have signed the Kyoto Protocol.

    Here in the US, states are mandating electricity companies to generate a % of their power through renewable sources or to purchase Renewable Energy Credits (RECs) from developers who are doing environmentally friendly projects such as solar installations, etc.

    In short, the capital markets approach to addressing the Greenhouse Gas, Carbon emissions problem is the only solution to resolve Global Warming. Remember Acid Rain? Lew Ranieri developed the Cap and Trade system for SO2 and NOx and largely solved the problem. You haven't heard about acid rain much recently, have you?

    Big backers are getting involved in the trade of Carbon offsets/Carbon credits in the US. Ever hear of Paul Tudor Jones, NYMEX, Evolution Markets? They have formed the NYMEX Green Exchange to trade carbon offsets. This train is leaving the station and Carbon will be next big market to trade. Maybe the biggest in the world.

    Do Greenhouse Gases (GHG) cause Global Warming? Honestly, nobody really knows. What we do know is that there is little downside to reducing carbon emissions and cleaning up the environment even if Global Warming turns out to be merely a normal weather cycle. However, the downside of not acting to stem greenhouse gas emissions, now, while we have the chance to reverse and slow the process should it turn out that global warming is real and caused by man-made emissions, is simply to great a risk to accept.

    Each individual must do their part to reduce, reuse and offset their own emissions. The i'm too small to matter attitude does not fly and we all bear responsibility for future generations.





    Here, here! The most excellent and intelligent post I have seen on Elitetrader in months, congrats NTB you show intelligence and insight and your heart is in the right place.

    Exchanges in Europe and the Americas are now scrambling to become the preeniment Exchange to trade Carbon Credits. Who will end up being the leader in Europe and America is uncertain, however you can bet your top dollar they are all trying to establish themselves as first.

    The beautifull thing about making countries and companies carbon neutral is that whether greenhouse gases greatly contibute to global warming or have little effect, is means cleaner air to breath, less pollution and waste generated globally and a much, much reduced risk of Environmental contamination from oil, drilling, refining and transporting. Also of note that a grip on the world's energy monopoly would/will be broken and less wars would be a result.

    The day is on it's way to where oil will not be the World's main energy source. The high price per barrel will only excerbate oil's eventual extinction as countries and companies/individuals scramble to find a cheaper way to power their homes and factories and transport themselves.

    Worldwide oil production peaks in 2008 and will decline, however it needs to go back to $80(speculators ran it up friday, we will see what the next inventory report has to say) for our economy to get started again. I will trade it profitably, at the same time I hope and pray for it's eventual demise.:) Es Master
     
    #19     Apr 6, 2008
  10. agmccall

    agmccall

    I understand the concept.

    I understand it is a hoax and serves no purpose to the people that buy them.

    I guess I just have morals and do not wish to screw people.
     
    #20     Apr 6, 2008