QUITO, Ecuador - 8/12/2013 7:00:00 AM - BluForest Inc. ("BluForest" or the "Company") (BLUF) (BLUF), an emerging leader in the field of Carbon Trading and Renewable Energy, is watching closely as major international banks move in to monetize and facilitate liquidity in the California Carbon Trading Market.
Major banks are weighing whether to wade into the California carbon market, which experts believe could grow into a $40 billion a year market by 2020.
The U.S. environmental policy will be swayed for years to come regardless of the carbon market's success or failure. Early-moving banks such as the Bank of Nova Scotia (Scotiabank), the Royal Bank of Canada, Deutsche Bank and Barclays, have to potential to play a significant role in that outcome. The Banks will ultimately assist their clients in meeting their environmental targets through assisting them in the purchases and sales of carbon credits and advising company executives on how to lower their overall overhead.
Anthony D'Agostino, director of emissions markets for the Royal Bank of Canada has learned from the mistakes made by the eight year old market in Europe and hopes that the European experience will give them an advantage in California. He states "We've been trading in Europe for years, so we have a deep understanding of carbon right now,"
About BluForestInc.
BluForest Inc. is a development stage company that is a publically traded carbon offsets marketing and renewable energy company. BLUF is executing its strategy to become a leading marketer of carbon offsets in the voluntary markets under the UN principle of Reducing Emissions from Deforestation and forest Degradation (REDD+). The BluForest website provides further information about the company which prospective investors are encouraged to visit.
BluForest is entering a rapidly evolving industry that offers investors the opportunity to get involved during the early stages of a marketplace poised for significant returns with mitigated risks. In addition to the voluntary carbon market which is demonstrating significant growth resulting from awareness and social responsibility, the Carbon Credit regulatory markets in Europe, Australia, California, Mexico and several other jurisdictions are also experiencing substantial growth.
Our initial land assets rank amongst the most valuable in the world. Their location within a government protected National Park places them on a level above most competitors who often face risks associated with permanence and other influences beyond their control.
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