Via Thompson Financial:
Trading Emissions Plc. reported an end-2007 net
asset value per share of 184.41 pence and said its
first-half pretax profit surged helped by a net gain
of 72.12 million pounds on financial assets and
liabilities at fair value.
For the six months ended Dec. 31, 2007, the company
which invests in environmental and emissions assets,
posted a pretax profit of 74.36 million pounds against
2.95 million last year.
Quote via Yahoo:
|Trade Time:||10:00AM ET|
And from Reuters:
Trading Emissions to sell over 5mln offsets in '08
Trading Emissions PLC expects to sell at least 5 million tonnes of carbon offsets this year as it tries to cash in on an expected shortage in 2008, the company said on the publication of its interim results on Thursday....MORE
WARNING: This is a very opaque industry with a lot of assumptive accounting, not suitable for widowed orphans.