I suggest you try this site maybe even sign - up for their free newsletter. One stock I'm interested in if the Obsters and the lefties get a cap and trade bill passed is London based Climate Exchange plc (CLE) LSE or in US (CXCHF.pk) do your own DD and you might agree it looks like "the global warming stock" to own (someday)...anyhow explore this site at your leisure...some very interesting stocks here. http://www.sustainablebusiness.com/
This is from Green Chip, their info underscores the potential of the carbon trade...They mention Climate Exchange plc, but only it's LSE listing. With Henry Waxman spouting off again, CLE or CXCHF.pk, if you prefer does look like it has a lot of potental. There are some additional suggestions for playing the carbon trade in this link. Keep watching the sustainablebusiness website, those folks are true believers....Al Gore groupies. http://www.greenchipstocks.com/report/carbon-trading-the-worlds-next-biggest-market/107
With the government running the banks and the auto companies, I wouldn't be surprised if they get a piece of the carbon credit pie. They need at least one division that actually makes a profit. Since carbon credits are basically selling air, the profits could be enormous.
I also wouldn't be surprised to see a "green" credit for anyone buying a fleet of GM (Guvment Motors) cars which will cause the people in Europe who love Obama so much to get all bent out of shape about protectionism again.
We have at least 3.5 years of Obamanomics left. What an adventure!
Our government is the one who is going to sell the 'credits' then 'rebate' it back to the consumer. yea right. I have some ocean front property in Nebraska for sale too.
The gov said it will "only" raise our energy costs $55 a year, an independent group figured ~$3500 per year. I think even that is low. Every manufacturer and retailer will add it to your bill, electric, n gas, and gasoline companies will all add it to your cost. All as collection agencies for our gov.
When Americans get tired of this crap, they might remember that we are a Constitutional Republic and realize that this corupt crew in DC a passing laws that are against their rights and a taking possession of Banks and Companies against any Constitutional Authority. Clean most of the liars and thieves out of congress.
The news about the House of (non)Repesentatives passing the "climate bill'" has further piqued my interest in the carbon trade. I've found another vehicle that may be easier than buying on the LSE or less risky than buying the pink sheet. It's a notta etf it's a whatzzit. Anyhow the symbol is ASO and here's a link that sorta 'splains what it is. http://www.xsharesadvisors.com/airshares/overview.html
Reading the "Air Shares" description makes my freakin' head spin. How does an economy function like that? It's like putting lead weights on a butterfly. I'm surprised they actually use the term cap-and-trade. To get the American people to swallow this giant horse pill, they are going to have to use some record breaking euphemisms.
One euphemism we'll be hearing a lot of is "single payer". It sounds nice like a single entity (other than you) will pay all your medical bills from erection to resurrection. In reality, it's socialized medicine with a government behemoth managing everything. It's not one single payer. Sooner or later, everyone will pay. Those who don't pay financially will pay with denial of care.