Re: Emissions trading market in Montreal
in response to
by
posted on
Jun 02, 2008 04:22AM
Fuel Efficient and Clean Emissions
From what I understand without much research.
Companies who produce goods and services (that includes every business) has a Carbon foot print.
Some have a positive foot print they produce less carbon and are credited with carbon credits.
Some companies have a negative foot print and produce more carbon than allowed and are in need of credits to off set the negative to bring a balance of get them into positive so they can trade as well if they want.
These credits can be traded.
These companies will buy the carbon credits to offset their negative carbon foot print.
The other reason they wold buy, is because this is a cheaper way to get them into compliance with the laws of the province and the federal government, in reference to GHG and the levels companies have to meet.
The other reason companies would buy the credits is because to re tool their process would be too much money and the credits would allow them to operate until they could come up with solutions and phase them in over time so the bottom line isn't hard hit.
Also buying the credits shows to the regulators and public at large said company is aware they have a problem are trying to take the corrective steps to solving their problem.
I would imagine as the deadline for the emission levels come close these credits will become more valuable.
With a trading market, the provinces would have a mechanism to see which companies are meeting the emissions requirement and see who's not. (and fine them accordingly)
In light of this DYA is a company that has a product that would reduce emissions. I would imagine the product (Jetstar) would put a truck or company into positive or reduce carbon footprint, at a fraction of the fine that could be incurred everyday.
In London England, unsure if it has started already but they were looking at fining trucking companies u/k dollars (maybe someone knows the figure) per day for driving in London and spewing carbon emissions into the air. That can happen here too.
DYA stands to be a leader in carbon credits and may make more money from this revenue that selling the Jetstar. Maybe they will loan the Jetstar and sell the associated carbon credits belonging to the jetstar. Who knows? Maybe Tom & Gerry do!!!. NOW that would be a nice cartoon. "Carbon Credit Jetstar to the Rescue" starring Tom & Gerry"
Take care
GLTA, hope the stock goes to a buck this month, or maybe 2, 3, 3 heck why not $10 and all will be well.
Rogers