BNET Bion Environmental Technologies Inc (QB)

CUSIP No. 13G Page of Pages

09061Q307
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1. NAME OF REPORTING PERSONS
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Carret Asset Management LLC - Federal Tax I.D 55-0863498
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

 (a) |_|
 (b) |_|
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3. SEC USE ONLY


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4. CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
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 NUMBER OF 5. SOLE VOTING POWER SHARES

0
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BENEFICIALLY 6. SHARED VOTING POWER OWNED BY

0
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 EACH 7. SOLE DISPOSITIVE POWER REPORTING

0
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 PERSON 8. SHARED DISPOSITIVE POWER WITH

0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

0
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 |_|
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.00% (based on 16,400,000 shares of commmon stock outstanding on
 November 14, 2012)
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12. TYPE OF REPORTING PERSON*

CO
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 *SEE INSTRUCTIONS BEFORE FILLING OUT!

CUSIP No. 09061Q307 13G Page of Pages


Item 1(a). Name of Issuer: Carret Asset Management LLC


Item 1(b). Address of Issuer's Principal Executive Offices:

 Bion Environmental Technologies, Inc
 Box 566/1774
 Summitview Way
 Crestone, Colorado 81131


Item 2(a). Name of Person Filing: Carret Asset Management LLC


Item 2(b). Address of Principal Business Office, or if None, Residence:

 40 West 57th Street
 20th floor
 New York, NY 10019


Item 2(c). Citizenship: USA


Item 2(d). Title of Class of Securities: Common Stock par value $.0001 per
 share


Item 2(e). CUSIP Number: 09061Q307


Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
 or (c), Check Whether the Person Filing is a:

 (a) |_| Broker or dealer registered under Section 15 of the Exchange
 Act.

 (b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act.

 (c) |_| Insurance company as defined in Section 3(a)(19) of the
 Exchange Act.

 (d) |_| Investment company registered under Section 8 of the
 Investment Company Act.

 (e) |x| An investment adviser in accordance with Rule
 13d-1(b)(1)(ii)(E);

 (f) |_| An employee benefit plan or endowment fund in accordance with
 Rule 13d-1(b)(1)(ii)(F);

 (g) |_| A parent holding company or control person in accordance with
 Rule 13d-1(b)(1)(ii)(G);

 (h) |_| A savings association as defined in Section 3(b) of the
 Federal Deposit Insurance Act;

 (i) |_| A church plan that is excluded from the definition of an
 investment company under Section 3(c)(14) of the Investment
 Company Act;

 (j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

CUSIP No. 09061Q307 13G Page of Pages


Item 4. Ownership.

 Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

 (a) Amount beneficially owned: 0

 (b) Percent of class: 0.00%

 (c) Number of shares as to which such person has:

 (i) Sole power to vote or to direct the vote ________,

 (ii) Shared power to vote or to direct the vote _______,

 (iii) Sole power to dispose or to direct the disposition of 0,

 (iv) Shared power to dispose or to direct the disposition of 0


Item 5. Ownership of Five Percent or Less of a Class.

 If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities check the following [ X ].


Item 6. Ownership of More Than Five Percent on Behalf of Another Person.


Item 7. Identification and Classification of the Subsidiary Which Acquired the
 Security Being Reported on by the Parent Holding Company or Control
 Person.


Item 8. Identification and Classification of Members of the Group.


Item 9. Notice of Dissolution of Group.


Item 10. Certifications.

 (a) The following certification shall be included if the statement is
 filed pursuant to Rule 13d-1(b):

 "By signing below I certify that, to the best of my knowledge and
 belief, the securities referred to above were acquired and are held in
 the ordinary course of business and were not acquired and not held for
 the purpose of or with the effect of changing or influencing the
 control of the issuer of the securities and were not acquired and are
 not held in connection with or as a participant in any transaction
 having such purpose or effect."


 (b) The following certification shall be included if the statement is
 filed pursuant to Rule 13d-1(c):

 "By signing below I certify that, to the best of my knowledge and
 belief, the securities referred to above were not acquired and are not
 held for the purpose of or with the effect of changing or influencing
 the control of the issuer of the securities and were not acquired and
 are not held in connection with or as a participant in any transaction
 having such purpose or effect."