daytrade diaries... november 25 part 2, page-65

  1. 32,573 Posts.
    ESI Problem as I see it is that the technology is just not that great. They are going to squeeze water out of brown coal and then dry it. The end product is still coal and my basic physics tells me that the energy used will be prob more than gained from end product. The logistics of doing this to millions of tonnes of coal are mindboggling. The market has at no point believed this will work. There has been some idea the govt will throw money or they will be part of the clean coal revolution, can't see it myself.

    There must be better things to invest in. Happy to hear any one's views supporting the tech.

    Cheers
 
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