Ann: PH2 to develop Australias first hydrogen garbage truck, page-9

sure it is easy to say it is only one truck and not a big deal. But many companies want to reduce their carbon footprints and shareholders will also be pressuring companies to reduce their carbon footprints at AGM’s especially super companies which often control large numbers of shares. If the trial works on one truck then there is a whole industry which could potentially come on board with this technology. As they come on board they can make an ESG announcement about reducing their carbon footprint which their shareholders will like.

And in terms of have they got the money to fund it? I don’t know the answer to that but there is always a capital raising if they haven’t.

Full disclosure , I hold options in this company and invest in a lot of companies in the ESG space (lithium, pure hydrogen, hydro and solar power). DYOR.