Hi All,
I have the above up for sale and have an end user interested at £1295 + VAT - but given the news stories yesterday wrt personal carbon credits -- anyone else interested to a higher degree?
The trade volume of credits is large on an industrial basis, but personal-mass-market trading and hence the popularity of the name hinges on policy adoption - so its a tricky one to evaluate for investment-retention/short term sale price. Somewhat of a punt. Notes below.
Auction format if anyone interested please - publicly declared stuff, no PMs - bung your offer below in £50 increments...and copying Rob's auction rules: best price at noon Wednesday 28th May 2008 takes it. If there is any bidding in the last hour of the auction the deadline will be extended to one hour after the last bid in an ongoing manner.
Cheers, Nick.
Notes I made valuing:
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Carbon is offset with credits at £2.50->£20 per tonne depending on the certification level. UK produced 600million tonnes in 2006. Industrial CO2 production offsetting is mandatory in energy generation. Industrial offsetting far outweighs personnal offsetting. Average UK motorist produces ~6-8 tonnes of CO2 pa. http://news.bbc.co.uk/1/hi/uk_politics/7419724.stm
I have the above up for sale and have an end user interested at £1295 + VAT - but given the news stories yesterday wrt personal carbon credits -- anyone else interested to a higher degree?
The trade volume of credits is large on an industrial basis, but personal-mass-market trading and hence the popularity of the name hinges on policy adoption - so its a tricky one to evaluate for investment-retention/short term sale price. Somewhat of a punt. Notes below.
Auction format if anyone interested please - publicly declared stuff, no PMs - bung your offer below in £50 increments...and copying Rob's auction rules: best price at noon Wednesday 28th May 2008 takes it. If there is any bidding in the last hour of the auction the deadline will be extended to one hour after the last bid in an ongoing manner.
Cheers, Nick.
Notes I made valuing:
---------------
Carbon is offset with credits at £2.50->£20 per tonne depending on the certification level. UK produced 600million tonnes in 2006. Industrial CO2 production offsetting is mandatory in energy generation. Industrial offsetting far outweighs personnal offsetting. Average UK motorist produces ~6-8 tonnes of CO2 pa. http://news.bbc.co.uk/1/hi/uk_politics/7419724.stm
