Ann: Parkway Achieves Successful Scale-Up of Key Technology, page-38

Queensland government legislation decrees that if a viable environmental waste solution is available it has to be used.

Bahay knows this, so he won't sign an exclusive deal with Shell.

And because of the government regs, pwn holds the cards.

Shell could say no to pwn, but government regs could force them to use it anyway. So better to sign a deal now.

It's also great PR for Shell. But it's also a financial win for them anyway, as the byproducts are worth more than the costs.

Shell is also cash rich atm.

At these times of windfall taxes it is better to spend money and reduce profits at the moment for future gain.

Plus being extra environmental friendly now means more chances of future approvals.

If the tech works and can be scaled up it's a no brainer for Shell.