Monday, September 16, 2002

Make Money Extracting Carbon

" But if Australia does ratify the agreement it could benefit by providing emission trading credits in the fledgling international carbon trading market. This allows polluting countries to meet their greenhouse gas emission targets by investing in "carbon sinks", such as forests or clean energy projects.

Australia could sell these carbon credits to countries such as Japan. But if it does not ratify the protocol, it could miss out on the emerging market."

After spending 200 years making money by pulling out trees Australia gets to make money putting them back in.

http://www.smh.com.au/articles/2002/09/16/1032054714933.html
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