Climate Exchange Share Discussion Threads

[techmark] 16/5/2008 15:50

Gsand,

Did you see Boone Pickens windfarm announcement yesterday? Have you seen the price of oil recently? The high oil price is driving to people to alternative energy such as wind power just as I suggested it would.

Now I couldn't care less what the price of CLE does in the short term, in the long this is a load of guff. Just like sub prime.

I have plenty more reserves, if you pardon the pun, to fire at this thing when the time is right. In the meantime I stay short of the billion pound pretender.

Regards.

[queeny2] 15/5/2008 16:21

startling share. 18,329 shares traded.

[gsands] 15/5/2008 16:19

Ouch! Nasty. I hope Techmark has done some reading up on climate change...

[lasata] 15/5/2008 16:18

Cup is overflowing....

[gsands] 14/5/2008 15:10

This has been painful for the bears. It just won't go down.

[lasata] 14/5/2008 14:47

Lots of sceptics on this thread which is encouraging. As US elections approach climate change will be high on the agenda.

Technically "cup and handle" completing on the charts. Target l/t £32....!!

[lasata] 13/5/2008 12:26

Good to see John McCain backing a cap and trade system which allows industries to buy and sell carbon allowances.

[queeny2] 12/5/2008 16:03

ICAP - you mean Michael Spencer's company? doing EFP stuff, just clearing their own OTC business?

btw strictly speaking the clearing is LCH, and the trading platform is ICE, so the only IP is the contract spec so far as I can see

US following is much of the hope value - absolutely agree, but hopes will not fall on that this side of US election I guess?

BRIT crikey I didn't know he was there, will research that

Harbinger - know anything about them? I don't.

[123chelsea] 12/5/2008 15:54

don't think it will take much to puncture - all it needs is a slowdown of the exponential growth to deflate it. Much of the revenue I am told is inflated as it relates to simply ICAP clearing much of its business through them. There are also debates currently re the validity of carbon credits being traded. Much of the value of the company lies with the hope that the US will follow the European lead in forcing the trading of carbon credits. Sandor seems amazingly well connected and if he is almost shorting his own stock (selling shares which he was allegedly advised he could not sell!) then this suggests the bubble is unlikely to remain very long. As an aside the record of Mr Eckert at BRIT hardly inspires confidence where under his stewardship they seemed to sail into almost every disaster and raise capital at the worst times and cut back their underwriting whenever returns were high!

[123chelsea] 10/5/2008 08:42

estate planning always means one thing - selling hideously overvalued shares to buy anything else with a chance of keeping its value.

[corvidauk] 09/5/2008 20:16

123chelsea - Why should people feel nervous when the news release clealy says "Sandor clarified that these sales have been made to meet tax liabilities arising from the Second Contingent Payment and for estate planning purposes."

Could it be that you may be short? I wonder......

[123chelsea] 09/5/2008 18:54

just wondered if anyone was nervous following the recent sale of nearly £16m worth of stock by the Chief Exec (cleverly put in another rns without the heading directors shareholding) as I am told there was some high level debate whether or not the transaction would have to be cancelled since the shares sold were viewed by some as being restricted (ie not yet sellable) - seems he was in a bit of a haste to sell these shares.

[lasata] 08/5/2008 10:01

Page 39 FT today: "World carbon trading value doubles" headline

[asparks] 07/5/2008 11:12

If you are interested in green investments, then ALK should be checked out. Up 17% today after AGM new and trading update

[gsands] 06/5/2008 17:00

Path of least resistance appears to be up for the moment.

[lasata] 29/4/2008 08:14

US BILL COULD SEE CARBON CREDIT DEMAND TOP 1 BILLION PER YEAR: JP
MORGAN
A proposal to implement a greenhouse gas cap-and-trade system in the
US,
coming up for debate in the Senate, will create demand for 800 million
to
1 billion carbon credits, according to the bank JP Morgan.

[zakmundo] 28/4/2008 19:03

GSands

nice.

but it doesn't appear to say that CLE should be worth a billion pounds, or that it has a monopoly on climate products.

[techmark] 24/4/2008 10:22

HoggetWood,

Did you also know that global temperatures have not risen since 1998. Again this strikes me as odd because in the last 10 years we have seen the massive expansion of China and India, power stations, cars ect ect. Now if science argues that CO2 emission are directly responsible for the rise in temperature then one would have expected temperatures to rises exponentially in relation to emissions. If you can raise emissions significantly over a period of time and it has no bearing on the temperature then that would appear to cast serious doubt on the science behind global warming.

[hoggetwood] 24/4/2008 10:06

I do agree that a mankind-centred view of the world can lead one astray. I just don't think that in this case it has done. It's the sheer rate at which we've been burning fossil fuels over the last 50 years which is unprecedented (and the cutting down of rain forests hasn't helped. Evidence for the sharp rise in atmospheric CO2 is there in the polar ice core samples. But I freely admit that I don't have detailed knowledge of climate change research, and my opinion is formed from (a) consensus (though not total unanimity) of researchers, (b) the plausibility of the mechanism, i.e. CO2 (among other gases) is a strong absorber of long wavelength infrared and one would EXPECT a temperature rise of the atmosphere for a smallish increase in the CO2.

Thanks for the civilised discussion.

[techmark] 24/4/2008 08:27

HoggetWood,

I don't see how you can say that given the tiny amount of time we have been pumping C02 into the atmosphere. It was only 30 years ago that some climatologists were calling a new ice age, on the grounds that temperatures had fallen 2.7F in the 30 years prior. How wrong they were! This goes to show how variable the climate is. The trouble with mankind is that it always thinks that everything revolves around it, and when it can't explain something it has to find a way to do so. The reality is very different. Nature has been warming up and cooling down the planet on its own for billions of years, and sometimes at a rapid pace. All of sudden this is all irrelevant and the primary cause of climate change is no longer nature, but a 100 odd years of man burning fossil fuels. How arrogant is that!

Regards.

[zakmundo] 23/4/2008 22:08

you can short stock via CFD or spreadbet at ODL, Spreadex and CMC.

[gambler99] 23/4/2008 20:57

Anyone had any luck getting stock to short?