50 biomass plants on cards in china, page-3

That's it from me for now Tony. The warning signs are there for this market. You need to understand whats happening in food and energy markets to fully understand the insurmountable hurdles the carbon credit industry has ahead.

You can legislate for emission offsets but you can't legislate landowners to provide carbon sinks when they are more likely to provide renewable carbon feedstock bases. Decisions are made on likely income streams. Only one town away from me (Wongan Hills) plans are afoot for a biogas generation plant from agricultural and any other organic waste. These will be popping up all across the southern cropping zones.

With coal now trading around $200/t, inflationary pressure will rise on organic feedstocks (ie mallee trees) as biomass to electricity based infrastructure grows in infrastructural capacity. Tree produced carbon is more valuable sold as biomass feedstock than as carbon credits.

$200 vs $30 - thats a big difference.

Is energy insecurity going to get better of worse?