Carbon Credits - Potential Income?

pprendeville

Hello all,

I''ve recently found out about the possibility of making an income through carbon credits. My family have about 1.5 acress of land planted with Norwegian Spruce. Does anyone know what the potential is for selling credits. I'm sure this this small plantation would be able to offset a small amount of carbon which Ireland produces. Does anyone have a figure on how many tonnes 1.5 acres can offset and whether or not some trees are better at absorbing carbon than others?

I've read online (http://www.savetheplanet.co.nz) that Ireland has purchased 95% of it's carbon credits abroad. This to me seems to be a bit foolish. Would it not make more sense to invest in green technology in this country and maybe take the hit now financially butmake a long term saving. For example, increase the amount of energy we produce by going green or mass forestry plantations? I'm sure it would save money in the long term. Again, I'm new to this whole game but logic would suggest this would be the way to go.

On another note, does anybody know if Ireland has a National Energy Policy? A lot of countries were listed on the website I mentioned but Ireland were ominously absent. Have sent them an email to ask why Ireland are not on it. Suppose I'll just google it.

Cheers.

pprendeville

Found an interesting report on http://www.coford.ie/iopen24/pub/Reports/carbon-credits.pdf

See page 20 for what I'm interested in finding out, i.e. emissions trading markets.

kenobiwan

i know this is an old thread but wonder if anyone might be able to help before i make a complete fool of myself and lose alto of money.I've recently been having alot of conversation with a investment company advising me to invest in carbon credits with a company called steinmann york.I've done as many checks as i can on them and can't find anything negative or that would ring too many alarm bells for me....other than the great returns they are offering and often if it seems too good to be true,it usually is but has anyone ever heard of this company or could give any advice?would be much appreciated

brian_t

kenobiwan wrote: »

i know this is an old thread but wonder if anyone might be able to help before i make a complete fool of myself and lose alto of money.I've recently been having alot of conversation with a investment company advising me to invest in carbon credits with a company called steinmann york.I've done as many checks as i can on them and can't find anything negative or that would ring too many alarm bells for me....other than the great returns they are offering and often if it seems too good to be true,it usually is but has anyone ever heard of this company or could give any advice?would be much appreciated

I'm not quite sure why you thought that this forum was the best one to put your query considering that in three years no-one has felt capable of responding to the OP (original poster).

http://www.steinmannyork.com/our-products/carbon-offsets/

bob charles

The sale of any products shown on the website is an unregulated activity and Steinmann York Ltd is not required to be regulated by any financial regulatory authority to sell its or its affiliate products. Any product on the website, whether it is carbon offset, diamond, or renewable energy certificate does not fall under any of Collective Investment Schemes and does not represent an option or future related product. Whilst there is a market for resale, it may be sometimes difficult to ascertain the true market price of products sold by Steinmann York, as most transactions are on the ‘Over-The-Counter’ (OTC) market and prices of products can go down as well as up and may vary from reseller to reseller. Trading on the OTC requires skill and experience and as an unregulated market is not covered by any compensation scheme. The information on this website is for general and educational purposes and is not a solicitation to purchase any particular product. No representation or warranty, express or implied, is or will be made as to the accuracy or completeness of the information provided including opinions or projections contained in the text and no liability is accepted by Steinmann York and/or its directors, employees or agents.

freedominacup

bob charles wrote: »

The sale of any products shown on the website is an unregulated activity and Steinmann York Ltd is not required to be regulated by any financial regulatory authority to sell its or its affiliate products. Any product on the website, whether it is carbon offset, diamond, or renewable energy certificate does not fall under any of Collective Investment Schemes and does not represent an option or future related product. Whilst there is a market for resale, it may be sometimes difficult to ascertain the true market price of products sold by Steinmann York, as most transactions are on the ‘Over-The-Counter’ (OTC) market and prices of products can go down as well as up and may vary from reseller to reseller. Trading on the OTC requires skill and experience and as an unregulated market is not covered by any compensation scheme. The information on this website is for general and educational purposes and is not a solicitation to purchase any particular product. No representation or warranty, express or implied, is or will be made as to the accuracy or completeness of the information provided including opinions or projections contained in the text and no liability is accepted by Steinmann York and/or its directors, employees or agents.

A risk free, dead cert, no brainer so:rolleyes:

kenobiwan

sure all alternative investments are going to have their own caveats within their terms and conditions but looking to see if anyone has ever had any personal experience with the company or know of any ways to check a company out other than just check the regulators website out???any ideas appreciated :-)

milkprofit

If in doubt dont risk it

Say my name

Well it has just happened.

A worlds first in Australia. A farm has had it's soil carbon measured and the soil carbon collected will be paid on and will count positively towards the countries measures under the Paris Agreement.


https://twitter.com/GreenCoverSeed/status/1106158929451667457?s=20

_Brian

Say my name wrote: »

Well it has just happened.

A worlds first in Australia. A farm has had it's soil carbon measured and the soil carbon collected will be paid on and will count positively towards the countries measures under the Paris Agreement.


https://twitter.com/GreenCoverSeed/status/1106158929451667457?s=20

Six and a half year old thread

Say my name

_Brian wrote: »

Six and a half year old thread

The message should have reached an Taoiseach's office by now so.

Seriously though this crap of a country just goes on about the negatives in this whole climate debate when talking about agriculture.
The biggest emitters, etc, etc, etc.
While failing to mention that agriculture is the only industry in Ireland that will be able to solve this crisis.

The problem that they see as agriculture being the biggest emitter and getting the blame should be reversed and see us way ahead of all other countries because of our strength in agriculture and lack of heavy industry that will never be carbon negative.
It puts us in a great position to be world leaders on the carbon scale.

Instead though this country ignores all that and would rather hand over €600 million in fines than get creative and let that money trickle down to rural communities.

Upstream

_Brian wrote: »

Six and a half year old thread

The thread was started in 2009, almost 10 years ago now
At somewhere between six and twenty euro a ton, I wouldn't mind if someone wants to give me a cheque for carbon sequestration

Say my name

Upstream wrote: »

The thread was started in 2009, almost 10 years ago now
At somewhere between six and twenty euro a ton, I wouldn't mind if someone wants to give me a cheque for carbon sequestration

The trouble is if this ever gets the get go in this country.
More than likely a measurement will be done at a start date and then after to see how much carbon is pulled down and then a payment will be calculated.
So in essence it'll benefit the current crap soil farmers most. Not anyone that's currently at it already.
And this is not even mentioning peat or bogland managers.

The world's focus is switching from food as the number 1 priority to carbon though.