Yes the power station turns biomass into a lot of CO2. So do forests.
In both cases assume the source of biomass is replenished at the rate it's consumed.
Then an equal amount of CO2 is being pulled from the atmosphere to grow that biomass and thus the whole cycle is carbon neutral. (Ignoring other inputs such as transportation.)
The same when forests are burned then regrow.
So the real question for the power station is: Have they implemented measures to grow the biomass at the same rate as its consumption?
The company claims this but it's controversial:
https://www.bbc.com/news/science-environment-68381160
- Forums
- ASX - By Stock
- LYC
- Interesting
Interesting, page-318
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.02 |
Change
-0.070(1.15%) |
Mkt cap ! $5.655B |
Open | High | Low | Value | Volume |
$6.04 | $6.08 | $6.00 | $3.586M | 594.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 14829 | $6.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.02 | 12028 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 21311 | 6.000 |
18 | 36273 | 5.990 |
14 | 41100 | 5.980 |
11 | 90366 | 5.970 |
9 | 9500 | 5.960 |
Price($) | Vol. | No. |
---|---|---|
6.010 | 14210 | 53 |
6.020 | 15298 | 26 |
6.030 | 32016 | 27 |
6.040 | 24825 | 14 |
6.050 | 47501 | 14 |
Last trade - 13.00pm 13/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, Managing Director and CEO
Steven Gourlay
Managing Director and CEO
SPONSORED BY The Market Online