SF, agree a carbon price cannot be determined without law, and your short term strategy may prove to be a winner. Best of luck to you. BTW, do you have a price in mind that you hope to get back in on.... does it have anything to do with the next line of resistance?
Also, the fed gov. is due to sit next month, this should make things a little clearer as to their intentions for carbon trading, ETS etc.
Def a big year ahead, just hope the Yanks and Chinese make their intentions known with carbon reduction to spur on our Gov. to make some changes.
It will happen but may take some time.
Cheers
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