GHY 5.14% 83.0¢ gold hydrogen limited

Warning flag:"Extracting helium from an area that has no...

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  1. 167 Posts.
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    Warning flag:

    "Extracting helium from an area that has no petroleum system is potentially ground-breaking, ascurrently 95% of helium is produced from petroleum and fossil fuel environments, making “green”helium (ie. not derived as a by-product of a hydrocarbon development) an emerging opportunity"


    This is total green-washing crap, it'd be the same resource extraction process as for hydrocarbons. One could even argue hydrocarbon-derived He has LESS of an environmental impact if you're already sucking up the other gases anyway. For He to be green, it would have to be a renewable resource (spoiler: it is not).

    Makes me grumpy that people can be blatantly mislead like this! Recommend generic caution about this mob's claims.

 
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