Australia's largest stock trading and investment forum Australia's #1 stock forum

World Response to LNP climate plan, page-127

First 127 Last

Share
Profile

Follow
bcr

4,943 Posts.

130

27/10/21

16:06

Post #: 57118538
Share

Originally posted by Cowboyinvestor ↑

You're talking about creating a carbon currency. ACCU's can be traded to anyone but their value is only held in Australia. I just assisted an LGA to sell a dozen of them, and there are global companies that made bids through the platform.

For them to be globally valued they would essentially become a currency. Potentially block chain technology may assist in this occurring in the future.

The issue would be its relative value in each country.

But suggesting we will get anything imposed on us is laughable. We are a small blip in global emissions.

Expand

"suggesting we will get anything imposed on us is laughable."

Expand

Ok, then go ahead and laugh: You have nothing to worry about.

But when a global carbon trading system becomes a reality, don't complain that we didn't have a seat at the table when the decisions were being made. We had our chance.
Upvote

Reply

Top Stories

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

There are more pages in this discussion • 46 more messages in this thread...

First 127 Last