Press Release Author = Asian Carbon Credit Exchange
Industry = Government
Press Release Summary = China Seen As Gold Rush for Carbon Investors.
Press Release Body = The Carbon Credits market and American participation in it are among the hot topics in Washington. Board members from the Asian Carbon Trade Exchange (ACT) have already made the trip to the US capitol to discuss carbon futures with legislators and environmental activists. Many are not aware of the impact carbon futures can play in efforts to reduce the threat of global warming.
The Kyoto Protocol outlines a strategic solution to the greenhouse gas emissions problem that allows free market pressures to impact the effectiveness of companies to solve the problem.
The Kyoto Protocol, which the US failed to ratify, may see new life due to this month\'s thrashing of Republican lawmakers. The gain by the Democrats of 6 Senate seats and 29 House seats puts the Party in a great position to steer the Congress towards more environmental responsibility.
Many Americans have dismissed the GOP when it comes to environmental issues. Seemingly always on the side of big business, the Republican Party errs on the side of profits when environmental issues arise. Washington insiders believe the attitude is changing in response to public pressure. Greenhouse gas emissions and renewable energy resources may finally be discussed seriously in the halls of Congress.
Farmers and investors alike are keeping a close eye on the discussions regarding Carbon Credits and Emissions Trading. Farmers are being encouraged to plan for afforestation projects. Investors are seeing the explosive potential in Carbon Futures.
The Carbon Market grew to an estimated US$21.5 billion in the first three quarters of the year 2006. While the European markets dominated the emissions trading, China was responsible for 60% of the project-based market, valued at US$2.41 billion. The Asian Carbon Trade Exchange is uniquely positioned to take advantage of China\'s need to be a vigorous participant in the various projects that will increase their carbon credits position in the marketplace. The Board of Directors at ACT is convinced that China will lead the way in Asia\'s efforts to combat global warming. Expectations for rapid growth are prompting ACT to expand its Chinese operation in the coming weeks.
Web Site = http://www.asiancarbontrade.com
Contact Details = email@example.com
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