50 biomass plants on cards in china, page-2

Yellow Cake,
Do yourself a favor and read the quarterly report from COZ out today. Points of interest:

*Several carbon transactions in anticipation of the
2010 AETS have already occurred in the A$19 to
$20 per tonne range.
According to Michael Wiener, Managing Director
with Perenia Carbon, Australian market
participants suggest an industry expectation of an
initial carbon price of A$25-30 per tonne

*Global carbon market doubles and hits US$64b in
2007.28
The size of the global carbon market doubled to
US$64 billion (€41.32 billion) in 2007 compared to
2006, the World Bank has stated in its annual carbon
report – ‘State and Trends of the Carbon Market
2008’.

*Deutsche Bank maintains its €35 per tonne price
target.11
According to Deutsche Bank, companies covered
by EU ETS are likely to emit 260 million tonnes of
CO2 more than the number of allowances issued
per year.
The bank stated that this would underpin its view
that EU carbon prices would have to rise to €35.00
to achieve the necessary abatement.

*US Carbon Prices
CBO estimate US$44 per tonne price by 2018

There is a heap more of good reading in the quarterly and I still believe this aint going away. 2010 is my target for some good movement