Carbon Funds Triple in Size: Caisse des Despots

These Despots say that carbon funds will get to 9 billion Euro of investment soon.
But then, Caisse des Depots (despots is funnier), is who exactly? Why do they think they can write research? How much are they influenced by the stoopid and foolish Powernext EUA trading system. I mean, why would we listen to them making a "research" statement that was probably expected by everyone anyway.  

They are fools! And they are French!

Sorry, I don't mean to mean to the French particularly, but having good fun at their expense. On the other hand, the Caisse people are ridiculous caricatures!! and French!!)


Carbon Funds Will Triple in Size by Next Year, Caisse Says
2007-11-30 12:14 (New York)


By Mathew Carr
    Nov. 30 (Bloomberg) -- Money in funds investing in emission
credits may reach 9.4 billion euros ($13.9 billion) by ``early''
next year, almost triple the level of two years ago, according to
a report by Caisse des Depots Group, the Paris-based bank.
    There were 34 funds with 3.4 billion euros of capital in
2005, said the report published on the bank's Web site. If those
announced reach their capitalization goals, there will be 67
funds next year, it said.
    As of October, there were 58 funds with 7 billion euros to
spend, the report said.

--Editors: Kristen Hallam