Hi all
Today's Sun Herald (Sydney) has an article piece on Kevin Rudd - "My first five steps as PM" p.11. These are goals he has set for the first three month's of a Labor government. Number one on the list is to ratify the Kyoto Protocol.
This made me think of an article I read earlier in the year on a great site called sustained.com.au with a ton of stuff about the emerging carbon industry. Anyhow, the article I read is here: http://www.sustained.com.au/index.php?option=com_content&task=view&id=75&Itemid=29 - it provides another good summary about what COZ is doing and its prospects for the future.
My favourite paragraph is the third last one - the Grant refered to is Andrew Grant, the managing director:
� If Australia ratifies the Kyoto Protocol – which would bind it to greenhouse gas emission targets – CO2 Australia’s market has potential to explode. “If this happens, that would be a massive boost to our business, the market size would increase and enable us to export credit and attract a pool of international investors,� says Grant. “However, our business is viable the way it is and if Australia doesn’t ratify the Kyoto Protocol, we are still happy with the size of the market. We’re confident of the demand.�
I never thought I'd say it but gosh I hope Labor gets in. I want to see our shares "explode" and we are only a week away from finding out.
I'm just wondering if people gambling on the election outcome is the reason for the recent share price surge, or are we expecting more announcements like the Woodside one in the near future. Anyone more knowledgeable about COZ care to give an educated guess as to what the SP could reach if there is a change of gov't?
Looks like they are ideally placed and I can't find any other company doing the same thing on the ASX.
Fingers crossed!
Cheers
JD
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