While we are on the subject of Carbon check this out:
why ENE is attractive to PEP
http://www.businessspectator.com.au/bs.nsf/Article/Energy-Developments-Pacific-Equity-Partners-Carbon-pd20091019-WY3VY?opendocument&src=rss
http://www.businessspectator.com.au/bs.nsf/Article/Pacific-Equity-bids-380mln-for-Energy-Developments-WXU5Y?opendocument&src=rss
Rgs
DYOR