World-first listing of carbon fund — NZX

The NZX announces a listing guaranteed to moisten the eyes of greenies around the world. But they won’t be the only ones weeping.

The fund, which received more than $1 million in applications from a range of investors, intends to buy carbon credits in emissions trading schemes in New Zealand and offshore. It is designed to give individuals and organisations a chance to invest in or offset carbon.


in a product nobody wants, is perfectly useless, cannot be measured, sold, stored or transported, in which amounts traded are estimated, every party benefits from claiming more of it, so


Other countries have already found this out the hard way. [NOTE: each word is a separate link to an alarming story of fraud!]

Sad to say, those in charge of this move don’t appear to have links to overseas news sources. This will be mayhem!

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2 Thoughts on “World-first listing of carbon fund — NZX

  1. Larry Kay on 09/11/2018 at 6:13 pm said:

    Wonder why LSE or the DAX or all those other EU stock exchanges never managed this? Chicago did (part-owned by Al Gore), but that one soon folded.

  2. Andy on 10/11/2018 at 8:16 am said:

    We live in exciting times, when convicted drug smugglers can gain NZ residency, Ministers with PhDs in Feminist History can run our energy policy, and we can shut down entire industries on a whim.

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