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The Forum > General Discussion > The First ETS domino is New Zealand

The First ETS domino is New Zealand

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Now Al Gore etc, you wouldn't be pulling our collective legs would you ?
CCX is not on the New Zealand exchange either.

So come clean where is it ?
Posted by Bazz, Thursday, 8 July 2010 9:13:03 AM
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BAZZ.. well observed mate.. no the CCX might not be on the ASX.. u know why ? :) because it IS an exchange by itself.

It's like the NYSE but for 'thin air' rather than shares.

You ought to do some digging mate.

As for these NZ mob.... (crafty look...half closed eyes)....wellll..I reckon some digging will reveal some interesting connections :)

Here's a question for you Bazz.. the CCX is small compared to the company which just bought it out.. (CLIMATE EXCHANGE europe)..but oops... Dr Richard Sandor..CEO of the CCX is suddenly now the CEO of the MOTHER company..

That's like BHP buying out some small mining company with one mine.and suddenly the small miner CEO is made CEO of BHP ! ! !

It just doesn't compute mate. Something verrrrrryr FISHy going on there.
Posted by ALGOREisRICH, Friday, 9 July 2010 9:11:42 PM
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Well thank god for small mercies.

I used to look over to NZ, see Helen Clarke, & feel sorry for all the kiwis. Not too sorry, as they did do it to themselves.

It is a good thing their new lot have been silly enough to bring in a carbon trading scheme.

If we did not have that bit of foolishness to laugh at, they would have it all over us now with Julia.

Anyone want to place a bet on which of the ladies will prove to be the worst?
Posted by Hasbeen, Friday, 9 July 2010 10:49:19 PM
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Well AGIR for your information the ASX is on the ASX, so it was not
unreasonable that I thought you were quoting an ASX or NZX code.

What is the proper name of the company ?

If I know that I can look on the ASIC web site.
I wonder how many pollies have interest in the carbon exchange ?
If Bob Carr is involved it would be likely that he has introduced it
to his Labour mates.

Hey, Belly have they sold some shares to you, HI !
Posted by Bazz, Saturday, 10 July 2010 8:50:17 AM
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Here are a couple of tidbits for you Bazz :)

'Chicago Climate Exchange'... CCX...

http://www.chicagoclimatex.com/

Judging by the graph...it sure ain't workin out as Al Baby thought it would :)

Try this Bazz.

http://www.generationim.com/about/team.html Who is the Chief ?

Now try this:

http://www.climateexchangeplc.com/investor-relations/shares-in-issue-top-10-holders

Note the 5th shareholder down the list.

Do you see anything of interest ? :)

On the NZ one.. if I had time, I'd dig dig dig and look for the Labor /socialist/progressive/green connections.
Posted by ALGOREisRICH, Saturday, 10 July 2010 10:13:54 PM
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AGIR;
I am afraid Generational Investment Management LLP means nothing to me.

It appears that Chicago Climate Exchange (CCX)is a subsidiary of
Climate Exchange PLC a London based company, which has another subsidiary
European Climate Exchange whose credits are around E15.
Now I don't understand if this the exchange that is normally quoted
and whose price fell from about E30 to E1 earlier this year.
It probably has recovered somewhat.
The CCX is voluntary for purchases of units but the European carbon
credits are compulsory purchasing.

Climate Exchange is in a takeover process by Aether PLC at present.
Posted by Bazz, Sunday, 11 July 2010 9:39:44 AM
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