"Parabolic Oil" Ahoy?, page-4

First 4 Last

Share
Profile

Follow
srotherh

142 Posts.

24

04/10/21

14:37

Post #: 56548083
Share

Originally posted by Placido: ↑

Great article.

I'd like to make a few points though.

First up, renewables are the cheapest future energy source in much of the developing world, and becoming more so by the day. Solar panels on roofs in tropical countries are taking off big time because they're cheaper than coal. Huge solar farms with next generation battery tech/ and/or hydrogen for peaking from places like Oz could well be the ultimate destination.

Wind has been the cheapest energy source in Oz for years and every year becomes more so. If you want to see an example of a company that has discounted 'woke' renewables for carbon intensive generation, just look at the disaster that is AGL.

the latest distillation of cutting edge, conservative peer reviewed science, (peer reviewed science of course being the basis of much of the progress of human civilization over the last few centuries), says the world has 12 years worth of current carbon emissions to be EVER emitted before irreversible tipping points are breached. So, dramatic changes must occur extremely quickly or utter disaster will occur. The only way as far as I can see would be for Glasgow to mandate immediate and dramatic carbon reduction, and enforce heavy carbon tarrifs on any country that doesn't comply. The head of the IEA has said that no new oilfields or coal mines must be developed, and coal phased out rapidly. You could gamble that Glasgow will sit on its hands, but in so doing you assume people are happy to see their children's futures destroyed. Deloitte says $4 Trillion damage to Oz alone by 2070. Insurance companies have started raising premiums. Company boards are coming around. Massive investments in renewable and battery tech are flooding in. Yes, hzn is in a wonderful place in the meantime, helping fill the gap, but my suspicion is that the gap will close faster than we think.

One of the reasons I'm happy to invest in hzn is because they seem ok with running down existing assets and not developing new ones. To develop new oil fields would put us at serious risk of ending up with stranded assets, or at least much less profitable ones...

So yea miscalculations have been made that mean we're on a winner here, but the end reality is clear. Very much hoping our board navigate the future wisely!

Expand

Sounds very much like you want to" keep your cake and eat it too"

HZN Price at posting: 10.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Shekel Brainweigh and Calmer Co lead innovations in the retail space

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 27 more messages in this thread...

First 4 Last

Add HZN (ASX) to my watchlist

(20min delay)
Last 19.5¢		Change 0.000(0.00%)		Mkt cap ! $316.4M

Open	High	Low	Value	Volume
20.0¢	20.5¢	19.5¢	$155.0K	773.0K

Buyers (Bids)

No.	Vol.	Price($)
11	1497307	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	24457	1

View Market Depth

No.	Vol.	Price($)
11	1497307	0.195
15	1680921	0.190
13	960559	0.185
18	882163	0.180
31	1948885	0.175

Price($)	Vol.	No.
0.200	24457	1
0.205	786368	12
0.210	1540162	11
0.215	264000	3
0.220	320000	3

Last trade - 16.10pm 15/07/2024 (20 minute delay)

HZN (ASX) Chart

"Parabolic Oil" Ahoy?, page-4

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

"Parabolic Oil" Ahoy?, page-4

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News