So it looks like the last hopes for CCS are dying hard and fast as reality sets in and it is found out to be not a solution.
CCS projects are getting killed all over the world, as it is being discovered to be an extremely uneconomic and non-feasible solution to non-carbon energy production.
Sure nuclear produces waste as well, but fortunately for nuclear plants the waste is reprocessable several times over and due to the extremely high energy concentration of U, it produces a whole lot of bang for very little waste.
Carbon Capture Hopes Dim as AEP Says It Got Burned at Coal Plant
CCJ is about to cross above it's 50-day EMA for the first time since September 2010. PDN's 50-day EMA is at about $2.80, so lets hope it gets there soon, and then bangs through a few more of the longer-dated EMAs.
Choice
So it looks like the last hopes for CCS are dying hard and fast...
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Last
$12.40 |
Change
-0.160(1.27%) |
Mkt cap ! $3.701B | |||
| Open | High | Low | Value | Volume |
| $12.50 | $12.54 | $12.15 | $33.45M | 2.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6658 | $12.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.40 | 290182 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |