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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-45

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SimonGr

3,447 Posts.

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04/05/24

18:37

Post #: 73667012
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Originally posted by SimonGr: ↑

Further to Bowen politics ….https://minister.dcceew.gov.au/bowen/media-releases/330m-investment-australian-heavy-industry-future

$50m to Albri to slightly reduce emissions from energy use … vs $30M in funding that he axed to eliminate CO2 from Boral MossVale. Remember each tonnes of cement creates aboiut 1 tonnes of CO2
from the reduction process. Energy adds another say 10%. The Boral process would have usedrenewable energy electricity for the kiln … so eliminating that 10% too.

Then again, Albri looks like going ahead with the CO2 capture lime kiln in WA, so perhaps this $50m is a brown paper bag of money for a low quality Adelaide based project was really to keep this very good WA project afloat? However idiots who think this is a good idea should remember that previously the project was committed to go ahead based on just $11m.

It’s a shame voters like you have so little clue. If voters had better knowledge perhaps our pollies would make better decisions.

Expand

Oh, and $53M to Tassie kiln to do next to nothing. I’d really love to hear you try to defend these ridiculous decisions.

Last edited by SimonGr: 04/05/24

RFX Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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