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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (3890)	5/22/2001 7:36:56 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 33421

Good evening Mr. Goldfinger... Considering the implications of near term price manipulations, would you be short?

To: Sir Auric Goldfinger who wrote (3890)	5/22/2001 11:24:00 PM
From: Terry Whitman	Respond to of 33421

Never believe gold rumors, unless they're bad ones. <g>

To: Sir Auric Goldfinger who wrote (3890)	5/23/2001 9:22:43 AM
From: Ben Wa	Respond to of 33421

Is this a plot by California Governor Gray Davis to solve the state's energy crisis? I saw an internal memo from his office that suggested capturing the methane and burning for electricity generation and heat. Animal Flatulence Tax Could Cost Kiwi Farmers $2.1 Billion According to New Zealand's Sunday Star-Times, the Ministry of the Environment (MfE) is considering imposing a heavy tax on animal emissions, a move that could drive up the price of New Zealand meat. A MfE committee has proposed a head tax of between $1.71 and $6.40 for sheep, $10.66 and $25.59 for dairy cows, and $8.53 and $21.32 for beef cattle. The proposal could cost farmers $2.1 billion a year. Since New Zealand must reduce its greenhouse emissions to comply with the Kyoto protocol, an international treaty intended to halt global warming, government officials have concluded that emissions from the country's 46 million sheep and nine million cattle should be taxed to either reduce the number of livestock or pay for emissions reductions in other industries. MfE documents show that 55 percent of New Zealand's greenhouse gas emissions come from methane and nitrous oxide released by agriculture. The dung, urine and flatulence of sheep and cows compose the majority of these emissions. By comparison, transportation emits just 16 percent of the country's greenhouse gases. The Sunday Star-Times reports that New Zealand farmers are outraged by the proposed taxes, and claim the energy and transport sectors should share the burden of reducing emissions. Lisa Jager, a spokeswoman for the American Sheep Industry Association, was not immediately sure if the proposed tax would have any significant impact on domestic lamb prices.