investing in carbon credits

[tims1]

has anyone looked into it? I was contacted by a carbon credit brokerage trading VER and CER credits very cheaply priced mind you what are peoples thoughts on it?

 

[thatbloke]

theres a reason why its cheap and brokers are trying to sell them

its coz no one is buying them

take it as a sign

good investments are not marketed, becoz smart investors buy or hold onto them very quickly

its to early to determine how feasible carbon credits are, give it a few more years to see what trend they emit on returns

 

[bigcat56]

the idea behind carbon credits is that if the government institutes a carbon emmissions tax companies would be able to buy carbon credits to offset their emmisions and lower their tax hit. Buying these credits is essentially betting on the fact that this will happen.

With the economy being what it is, as well as growing concerns over energy independence and energy prices overall the chances of such a law being passed in the near future is low. All the GOP candidates have committed that they will NOT pass such legislation. Normally politician promises are worth about as much as pre-used toilet paper, but considering how strongly all oil / coal / natural gas companies oppose such legislation they are probably telling the truth.

My opinion is that by the time the economy recovers enough to entertain such legislation that some new idea will be more likely.

I'd take the money and invest it elsewhere. If you like energy plays natural gas companies are really cheap right now due to the record low price of natural gas, something that will undoubtedly change if you keep a long-term focus.

 

[gisnb]

Ask Al Gore

 

[Krunkkid13]

I would not touch carbon credits. I would however learn about the companies build the hi tech drilling tools such as baker hughes ect.