Is investing in carbon trading companies good? I heard that in 10 years it will be a multi trillion dollar industry worth more than crude oil. What do you guys think?
Is investing in carbon trading companies good? I heard that in 10 years it will be a multi trillion dollar industry worth more than crude oil. What do you guys think?
Yes Carbon credits are a huge business now and by the looks of it this is going to grow even bigger in the days to come.
I doubt it would become bigger then crude oil but yes it will become more and more profitable with timeThere are a lot of companies in UK which buy carbon credits from Indian companies and pay huge amounts of money in return.
I dont know whether it would take over the crude old industry or not only time would tell about this but i am sure about one thing and that is this is the right time to make a investment with a good company and see some huge profits in near time.
What is this carbon trading. I have never heard about it can you please explain what is this as i have never heard about it ever before.
If alternative fuels are introduced in near future then i dont think that carbon trading would be of that much profit.
It'll get bigger, of course, but at this point most people have no idea what it is. I guess that might be a reason to get in early, though. As far as the long term impact on carbon emissions, I'm kind of skeptical. But, I guess, that's not the issue here.
Yes hydro carbon business are very profitable especially in the long run.When the reserves of this precious resource will be very low.
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