Carbon Emissions Trading Co's Hot Stocks in Europe

As an ingoramus this Stalwart just learned about some of the hot IPO's recently on the London Stock Exchange, I believe. These are in regards to new securities companies set up to buy carbon emmissions credits and then sell them for a profit. An example is that one can go into another country, help a factory reduce its emissions (which in turn generates credits), and then sell the credits to say European factories at a price which yields a profit. Carbon credits only apply for those under the Kyoto Protocol, so the US can watch from the sidelines.

Volatile action for carbon traders:

European Union's fledgling greenhouse gas emissions trading market. The price of a carbon credit, a permit to emit one tonne of carbon dioxide, has swung wildly.

In the wake of the volatility, shares in companies that specialise in trading carbon credits have been hit hard. There are at least seven such companies on the Alternative Investment Market in London, the main centre in Europe for carbon credit trading.

"They all got hammered, and some fell off a cliff," said Tom Frost, analyst at Numis Securities.

Among the seven companies on Aim, Trading Emissions has fallen about 16.5 per cent since the start of the month to 126.5p. EcoSecurities, which was trading at 278p in April, fell to nearly 160p on Monday before rebounding to 182p. CamCo, which recently listed on Aim, was trading at 64.5p yesterday, down from 92p in late April. Even Climate Exchange, an exchange for buying and selling carbon and thus a play on trading volumes, fell from 345p in March to 277.5p this week.

We've just stepped into the carbon credits waters... hopefully will be back with more. Feel free to leave comments which could enlighten us. Already we hear talk about European companies roaming Asia in order to find Asian factories, and then help them generate carbon credits for a profit.

Comments

[Emily]

Where does your quote come from?

[JuNexx]

I think that most penny stocks are scams. When trading penny stocks, it's important to realize that most are worthless. It doesn't mean you cannot make money.

You have to go into them realizing they are not investments and you have to sell when you realize the profit you want, because if you don't, you will be left with nothing.

I normally visit this
Penny Stocks Site: http://www.surefirepennystocks.com to research. It's a decent resource.

I know that in penny stocks, they move with good news, chatter online, and when price and volume breakout occurs, you hop in. When the momentum slows down - GET OUT! Take your profits and limit your losses, that's the way to make money with them.

[JuNexx]

I think that most penny stocks are scams. When trading penny stocks, it's important to realize that most are worthless. It doesn't mean you cannot make money.

You have to go into them realizing they are not investments and you have to sell when you realize the profit you want, because if you don't, you will be left with nothing.

I normally visit this site: http://www.surefirepennystocks.com to research. It's a decent resource.

I know that in penny stocks, they move with good news, chatter online, and when price and volume breakout occurs, you hop in. When the momoentum slows down - GET OUT! Take your profits and limit your losses, that's the way to make money with them

[penny stocks]

Topic ideas for business blog are excellent to read and utilize it in real business life. Thanks

[penny stocks]

Your business blog is so excellent and beautiful to read and learn. Thanks

[www.facebook.com/profile.php?id=100000286988979]

You can trade emissions at www.tradingemissions.net

[Penny Stocks]

I have read your business blog this so nice and more informative.

[Active Penny Stocks]

Very valuable information you have been explaining in this topic.

[Penny Stocks]

Now this is very interesting, impressive and never thought of. In simple words well done for providing creative information.

[Penny Stocks]

This kind of blog always useful for blog readers.It helps people during research your post is one of the same for blog readers.

[new balance]

Power invariably means both responsibility and danger.

[Impotence causes]

This is a very special day for me. First of all I want to introduce, my name is Richard, I work from 18 years in construction. My opinion about this article is very good, I think I have devoted much time and dedication, I hope you please send me more information, there is no doubt that I'll be waiting until a new article to read!

[MikesWilsons]

Thanks for sharing such great post, it will surely help many people to get such detailed info.

[Cheap viagra]

I loved it! I am sure that many other readers also will like this article, was exactly what I was looking for long blogs are my way of solving problems. I appreciate the opportunity to read it.

[christian louboutin]

In June of 1996, chez Domaine du Val des Rois, in Valreas, I tasted a 1969 rose that my host, Romain Bouchard, had made, from Grenache, Syrah, and Gamay, and it was breath-taking! Only very slightly past its prime, but still vivid and precise, and riveting. After which we tasted a Tavel, from...1968--a terrible year--and it was more tired than the Bouchard wine, but amazingly still quite interesting.