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BeerBelly
BeerBelly
·
2021-06-11
$AMC Entertainment(AMC)$
HODLL
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BeerBelly
BeerBelly
·
2021-06-03
AMCCCC
AMC Stock Is Surging Again. How to Make Sense of the Move.
AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th
AMC Stock Is Surging Again. How to Make Sense of the Move.
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BeerBelly
BeerBelly
·
2021-05-29
Commenting again
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BeerBelly
BeerBelly
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2021-05-28
Comment!!
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BeerBelly
BeerBelly
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2021-05-28
Just buy AMC!!
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BeerBelly
BeerBelly
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2021-05-27
Oh wow. Like comment !
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BeerBelly
BeerBelly
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2021-05-21
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BeerBelly
BeerBelly
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2021-05-21
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A new global carbon exchange will be launched in Singapore this year
KEY POINTS Climate Impact X is a joint venture from Asia's largest lender DBS Group, British bank S
A new global carbon exchange will be launched in Singapore this year
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BeerBelly
BeerBelly
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2021-05-20
Like please
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BeerBelly
BeerBelly
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2021-05-17
Comment! Like!
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17:54","market":"us","language":"en","title":"AMC Stock Is Surging Again. How to Make Sense of the Move.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188552613","media":"Barrons","summary":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, th","content":"<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.</p>\n<p>But it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.</p>\n<p>Shares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.</p>\n<p>Even if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.</p>\n<p>AMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.</p>\n<p>So, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.</p>\n<p>Back then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.</p>\n<p>The upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.</p>\n<p>In those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.</p>\n<p>Maybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.</p>\n<p>If AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.</p>\n<p>Then, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.</p>\n<p>There are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.</p>\n<p>Also, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.</p>\n<p>AMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.</p>\n<p>There is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.</p>\n<p>AMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.</p>\n<p>Wall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.</p>\n<p>Analysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.</p>\n<p>And that’s just another way of saying that AMC bulls are a long way from making the math work.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock Is Surging Again. 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How to Make Sense of the Move.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 17:54 GMT+8 <a href=https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into ...</p>\n\n<a href=\"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/amc-rockets-higher-is-it-worth-it-maybe-51622594691?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188552613","content_text":"AMC Entertainment‘s skyrocketing stock price would be easy to dismiss as just meme-trade madness, that social media-fueled investor frenzy that has launched the likes of GameStop and BlackBerry into speculative territory.\nBut it’s possible that traditional investors have missed a fundamental change in the movie theater business—and it wouldn’t be the first time.\nShares of AMC (ticker: AMC) surged 23% on Tuesday, closing at $32.04—just off an all-time high of $36.72 set in late May. That puts the movie-theater chain’s market capitalization at roughly $16 billion, more than 15 times what it was in 2018, a record-breaking year at the box office. Shares were up another 34%, to $42.92, in premarket trading Wednesday.\nEven if investors missed an inflection point, though, the math doesn’t add up. The reason might be that market cap isn’t the right measure. Maybe it’s enterprise value, which is essentially market cap and debt. AMC’s enterprise value is about $26 billion, compared with $6.2 billion or so at the end of 2018.\nAMC added debt during the pandemic as theaters in the country’s biggest cities were dark for months. And the numbers make it easy to understand why: The U.S. box office in 2020 generated about $2.1 billion in ticket sales, down 81% from the 2018 record of $11.9 billion.\nSo, it seems investors have been vexed by movie theater economics. But it wouldn’t be the first time. The industry essentially went belly up at the turn of the millennium. Regal Cinemas, for instance, declared bankruptcy in 2001.\nBack then, the industry had plenty of capacity because of a new theater design—stadium seating that gave a better view of the screen. That shift meant movie theater chains had to renovate or risk losing all their patrons to movie theaters that offered the better view. In the end, too many seats and not enough patrons meant the return on the stadium-seating investments never materialized.\nThe upshot was consolidation. With fewer operators, the number of screens stabilized. Between 2002 and 2007, Regal Cinemas became a cash-generating machine because the stock was mispriced. The stock returned 21% a year on average. The S&P 500 and Dow Jones Industrial Average both returned less than 9% a year on average over the same period.\nIn those days, Regal Cinema’s enterprise value about $5 billion, or about 50% of total U.S. box office sales. That’s far short of AMC today. Something new has to be different for AMC to be worth it.\nMaybe the movie theater business is going to go through another period of consolidation, which can usher in another golden age of returns. AMC’s Tuesday gains, in fact, were catalyzed by new capital raised so the company could go on the offensive, acquiring defunct chains. Monopolies, after all, can be good for stock returns.\nIf AMC can increase market share and the U.S. box office sales can return to 2018 levels in a few years, total sales at might be $9 billion—$6 billion from tickets and $3 billion from concessions. Sales in 2018 amounted to $5.5 billion.\nThen, with better gross profit margins derived from larger scale, AMC might be able to generate $600 million in free cash flow annually, which puts the stock at about a 4% free cash flow yield. The S&P 500 trades for about a 3% free cash flow yield. The numbers can work—if they’re stretched.\nThere are problems with this scenario, though. There are lots of ifs and mights—and AMC has never generated cash flow like that in the past. Arriving at $600 million in free cash flow is more about justifying current valuations than predicting what is likely.\nAlso, with mergers and acquisitions, AMC market shares might rise, but there are still competitors. Regal Cinemas is still out there, owned by Cineworld Holdings (CINE. London). So is Cinemark (CNK). There’s not a true monopoly.\nAMC and its peers have to deal with streaming, too. Windows for exclusive theater showings are shrinking. The pandemic has accelerated that. And if AMC gets too large and demanding for movie makers, the talent can always go to streaming faster, hurting box office sales.\nThere is also the problem of the peer stocks. They aren’t trading like this is a brave new world for theaters. Cineworld stock is up 484% from its 52-week low, but shares are still off 72% from all-time highs. Cinemark shares are up 222% from their 52-week low. They are down 47% from their all-time high.\nAMC stock, again, is up almost 1,600% from its 52-week low and is down just 13% from its May all-time high.\nWall Street just doesn’t see the potential either. Nine analysts cover the stock. The average analyst price target is about $5. Before the pandemic, the average analyst price target was $15. But there were fewer shares back then. The old target enterprise value was roughly $7 billion. It’s tough to get from $7 billion to $26 billion predicting better margins.\nAnalysts do have positive free cash flow modeled, though–$13 million in 2022 and $90 million in 2023. That’s a long way from $600 million.\nAnd that’s just another way of saying that AMC bulls are a long way from making the math work.","news_type":1},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134782310,"gmtCreate":1622259858930,"gmtModify":1634102679333,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Commenting again","listText":"Commenting again","text":"Commenting again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/134782310","repostId":"2138948877","repostType":4,"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134314973,"gmtCreate":1622207791692,"gmtModify":1634182857530,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Comment!!","listText":"Comment!!","text":"Comment!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/134314973","repostId":"1117074228","repostType":4,"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135530562,"gmtCreate":1622168390456,"gmtModify":1631884221355,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Just buy AMC!!","listText":"Just buy AMC!!","text":"Just buy AMC!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/135530562","repostId":"1148985369","repostType":4,"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132684618,"gmtCreate":1622085289034,"gmtModify":1634183975952,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Oh wow. Like comment !","listText":"Oh wow. Like comment !","text":"Oh wow. Like comment !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/132684618","repostId":"2138149518","repostType":4,"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139816182,"gmtCreate":1621606187146,"gmtModify":1634187695100,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139816182","repostId":"2137092929","repostType":4,"isVote":1,"tweetType":1,"viewCount":553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139390865,"gmtCreate":1621589282757,"gmtModify":1634187841544,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/139390865","repostId":"1177779301","repostType":4,"repost":{"id":"1177779301","kind":"news","pubTimestamp":1621588948,"share":"https://www.laohu8.com/m/news/1177779301?lang=&edition=full","pubTime":"2021-05-21 17:22","market":"us","language":"en","title":"A new global carbon exchange will be launched in Singapore this year","url":"https://stock-news.laohu8.com/highlight/detail?id=1177779301","media":"cnbc","summary":"KEY POINTS\n\nClimate Impact X is a joint venture from Asia's largest lender DBS Group, British bank S","content":"<div>\n<p>KEY POINTS\n\nClimate Impact X is a joint venture from Asia's largest lender DBS Group, British bank Standard Chartered, Singapore state investor Temasek and market operator Singapore Exchange.\nIt is ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/21/a-new-global-carbon-exchange-will-be-launched-in-singapore-this-year.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A new global carbon exchange will be launched in Singapore this year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA new global carbon exchange will be launched in Singapore this year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 17:22 GMT+8 <a href=https://www.cnbc.com/2021/05/21/a-new-global-carbon-exchange-will-be-launched-in-singapore-this-year.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nClimate Impact X is a joint venture from Asia's largest lender DBS Group, British bank Standard Chartered, Singapore state investor Temasek and market operator Singapore Exchange.\nIt is ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/21/a-new-global-carbon-exchange-will-be-launched-in-singapore-this-year.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/05/21/a-new-global-carbon-exchange-will-be-launched-in-singapore-this-year.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1177779301","content_text":"KEY POINTS\n\nClimate Impact X is a joint venture from Asia's largest lender DBS Group, British bank Standard Chartered, Singapore state investor Temasek and market operator Singapore Exchange.\nIt is expected to go live by the end of 2021 and will have two platforms catered to the needs of buyers and sellers of carbon credits.\nWhen is a company is unable to reduce its emissions, it can purchase a carbon credit as a way to offset the greenhouse gases its operations are releasing into the atmosphere.\n\nA new Singapore-based global exchange for high-quality carbon credits will be launched by the end of the year.\nThe exchange, Climate Impact X, or CIX, is a joint venture from Asia's largest lenderDBS Group, British bankStandard Chartered, Singapore state investor Temasek and market operatorSingapore Exchange.\nCompanies are under growing pressure to reduce their carbon emissions and adopt sustainability plans.Many large corporationssuch as Amazon, IBM, Microsoft and Unilever have set ambitious goals to achieve net zero carbon emissions over the next 20 to 30 years.\nBut, in some cases, reducing emissions can be very costly. In other instances, it is impossible. When a company is unable to reduce its emissions, it can purchase a carbon credit as a way to offset the greenhouse gases its operations are releasing into the atmosphere.\n\n The (carbon credit) market is characterized by low liquidity, scarce financing, inadequate risk-management services, and limited data availability.McKinsey & Company\n\nThere is an urgent need for carbon credits as a viable, cost-effective solution for those companies to reduce emissions where their decarbonization strategy does not allow them to fully achieve their short-term commitments, Mikkel Larsen, chief sustainability officer at DBS, said Friday on CNBC’s “Squawk Box Asia.”\nLarsen is also interim CEO at Climate Impact X.\nWhat is a carbon credit?\nA carbon credit is generated by projects that help reduce, remove or avoid greenhouse emissions.The credits are validatedby a set of independent standards created by NGOs and carbon market participants.\n“Carbon credits are certificates representing quantities of greenhouse gases that have been kept out of the air or removed from it,” global management consulting firm McKinsey & Company said ina report this year.\n“While carbon credits have been in use for decades, the voluntary market for carbon credits has grown significantly in recent years,” McKinsey said, adding that it estimates that in 2020, buyers retired carbon credits for some 95 million tons of carbon-dioxide equivalent. When a credit is claimed, it is canceled in the registry — or retired — and can no longer be sold.\nThe voluntary carbon credit market is different from the mandatory ones, whereregulators set carbon emission targetsand allow companies to trade the surplus.\nGenerating revenue sources\nLarsen explained that when carbon credits are “done right,” they can generate revenue streams for conservation project developers working in areas such as reforestation.\n“I emphasize the point about being done right because one thing that plagued the market already has, of course, been this idea that they don’t live up to what they promise to,” he said. “I see these as absolute critical sources of income for the vast majority of project developers.”\nCIX will have two platforms catered to the needs of buyers and sellers: an exchange and a project marketplace.\nThe carbon exchange will facilitate the sale of large-scale, high-quality carbon credits, mostly to multinational corporations and institutional investors.\nThe project marketplace enables the purchase of high-quality carbon credits directly from specific projects. It allows a broader range of companies to participate in the voluntary carbon market by backing solutions to conserve, restore and protect natural ecosystems, in order to help them meet their sustainability goals.\nCIX will use satellite monitoring, machine learning and blockchain to promote transparency, integrity and quality of the carbon credits.\nMarket outlook\nHigh-quality carbon credits are currently scarce because accounting and verification methods tend to vary and the benefits are seldom well defined, according to McKinsey.\n“The market is characterized by low liquidity, scarce financing, inadequate risk-management services, and limited data availability,” the consulting firm said. “Today’s voluntary carbon market lacks the liquidity necessary for efficient trading, in part because carbon credits are highly heterogeneous.”\nMcKinsey cited a global private sector taskforce that estimated demand for carbon credits could increase by a factor of 15 or more by 2030, and the overall market could be worth upward of $50 billion.\nThere are already multiple carbon exchanges in operation, including the Carbon Trade Exchange in London and Sydney as well as the AirCarbon Exchange in Singapore.\nCIX is betting on the reputation and know-how of its backers as well as Singapore’s governance, regulation and infrastructure to inspire confidence among potential participants in the carbon credit market.\n“CIX is a promising solution to the problem we face today of fragmented carbon credit markets characterized by thin liquidity and credits of questionable quality,” Ravi Menon, managing director of the Monetary Authority Singapore, said Thursday when the project was first announced.","news_type":1},"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130836616,"gmtCreate":1621522434735,"gmtModify":1634188414497,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130836616","repostId":"1105833464","repostType":2,"isVote":1,"tweetType":1,"viewCount":743,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192644719,"gmtCreate":1621208810531,"gmtModify":1634193458101,"author":{"id":"3583267977387338","authorId":"3583267977387338","name":"BeerBelly","avatar":"https://static.tigerbbs.com/4e051e6c8efb871ab690db298174469f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583267977387338","authorIdStr":"3583267977387338"},"themes":[],"htmlText":"Comment! 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