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Downramping on HC is also a carbon based technology. Just...

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celllow

81 Posts.

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22/10/22

21:45

Post #: 64340613
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Originally posted by Idle Wanderer: ↑

The weakness is the carbon, Headmaster. So long as you are sourcing your hydrogen atoms from coal seams, then you are adding carbon into the atmosphere, indirectly from urea as it breaks down in the soil and also from the turbine exhausts in your power plant. Unless and until you prove the sequestration technology works at some reasonably affordable cost, that's your main problem.
All that you have highlighted recently is that the SA Govt is rapidly pivoting away from carbon based technology into a position where hydrogen atoms are sourced from water, which also liberates oxygen which can potentially be used in steelmaking, etc.
Which leaves you behind with stranded assets - a coalfield in the desert, associated buildings that would otherwise need extensive demolition as they have no other possible purpose, a railway that needs a lot of money to bring it back into use, etc. Take appropriate heed of those pointing out the present heavy rains in the Leigh Creek to Hawker area.

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Downramping on HC is also a carbon based technology. Just saying...

NRZ Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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