QUITO, Ecuador - 8/12/2013 7:00:00 AM - BluForest Inc. ("BluForest" or the "Company") (OTCBB: BLUF) (OTCQB: 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,"
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.
Safe Harbor Act Notice:
Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company's ability to obtain additional financing and the demand for the company's products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current Pinksheets.com filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company's success are more fully disclosed in the company's most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
On behalf of the Board of BluForest Inc.
Company phone number: 1-855-509-5508
SOURCE: BluForest Inc.
Leave a comment...