ready for government carbon 2020

I think PAX is well positioned for the upcoming carbon changes by the government. Cashed up and in possession of the right projects, and that's just Australia alone!

Kyoto Protocol’s emission targets came into full force on 1 January 2008
creating the long anticipated market in carbon trading. The establishment of
efficient international carbon trading systems is now our only hope to counter
the increasing threat of global climate change. In this context, it is hard to
argue against geothermal energy.
Overall, we feel the Company is now well placed to advance its geothermal
interests in Australia and overseas.