ARL (ASX) Pertinent market/industry news/articles

Originally posted by RED328 ↑

@the squash
Thanks for your considered perspective.
There is a lot of misinformation and political gaming going on surrounding these matters, its hard to cut through the bull because there is so much of it.
If green solutions really are cheaper, volunteer to disband all green power subsidy and let the market decide. Unfortunately this will never happen, there is too much money and political ground at stake.

AGL went green because it paid them commercially to do so under a government supported and mandated subsidy. They are simply following the easy money, its a corporate responsibility and when you can gain political points by selling your virtue it makes sense. We here understand that.

I am not a climate change skeptic, I am however a realist watching on.
The issue with the Paris Agreement is that it is currently portrayed simplistically. People are unaware of its implications.
Stage 1 is the implementation of punitive climate measures related to electricity on the prosperous west to redistribute those funds to the undeveloped.
Further down the line are punitive measures to tax vehicles that do not comply with certain set standards.
Following this are punitive measures to restrict farm emissions, (Please don't laugh, its true) Cows and large herd farm animals are emitters, and are next. Restrictive quotas are to be implemented to save the climate.
The problem is that we have increasing populations, I question where will the food come from. Perhaps we are to eat greens.

America has pulled out of Paris, China is declared developing, India is developing Africa is developing.
Above is the largest emitters with a free ride. China, India, Africa are permitted to increase emissions substantially while other countries are being committed to restrictive measures of increasing magnitude.
Those measures by the way are designed to make the west relinquish its prosperous business activity to the developing. Its happening in front of your nose. Redistribution, not growth.

Developing countries learn fast, there are endless bucket loads of money in climate change, you just have to be declared developing. Bonus if you are a small island nation. The rest pay.

That's where the rubber hits the road.
We have France going ballistic, unwilling to pay the price for redistribution of their wealth on one hand.
Macron with his fuel tax increase, that is climate change related taxation. Another revolution in the making over there.
On the other hand we have Turkey reversing backwards seeing opportunity in the climate fund, FREE money if they get classified as developing, after recently having been classified developed. Follow the money. They learn quickly.

I learned that in business you have to be nimble, I also learned that you cannot blindly trust government and banks. Hence my suspicious nature.

Now coming back to China, They are a dictatorship, they do not have much oil.
They are commercially strategic, hyper aggressive, are hellbent intent on very substantial control in new industries, with a national imperative to succeed.
They are trying to very successfully I might add be in the best place with new energy manufacturing, they see this as an opportunity to gain ground that previously was impossible. It all relates to solar, wind and EV. They do not respect intellectual property and do whatever it takes to succeed.
Belt and road, influence, for whos primary benefit.
I know, I have been on the receiving end. Left with no alternative but to sell my company early.
Yes they need to clean up their cities air and industry, I support them on this.
Sorry to break the news about China's green virtue. Its primarily commercially driven.
Do I blame China, NO, they have and see opportunity, we are handing it over.

You may think I'm sensitive, I am.
For very good reason, I've been knocked around a little and learn fast.
RED

Expand

DYOR:
While China has canceled some coal-fired capacity due to lack of demand growth, China still plans to increase its coal-fired power plants to almost 1,100 gigawatts, which is over three times the coal-fired capacity of the United States.Apr 6, 2018
Is Coal Dead in China? - IER

other huge coal using countries include:
India
Indonesia

And we are worried about possibly (but unlikely) building one in Australia?
Seriously ... we need to lift our debating standard and learn the facts first.

No.	Vol.	Price($)
2	9304	45.0¢

No.

Vol.

Price($)

9304

45.0¢

Price($)	Vol.	No.
45.5¢	2	1

Price($)

Vol.

No.

45.5¢

No.	Vol.	Price($)
2	9304	0.450
1	42000	0.440
1	20000	0.435
3	12200	0.420
1	25000	0.405

No.

Vol.

Price($)

9304

0.450

42000

0.440

20000

0.435

12200

0.420

25000

0.405

Price($)	Vol.	No.
0.455	2	1
0.485	10000	1
0.490	4680	1
0.500	11258	1
0.510	2192	1

Price($)

Vol.

No.

0.455

0.485

10000

0.490

4680

0.500

11258

0.510

2192

(20min delay)
Last 45.5¢		Change -0.005(1.09%)		Mkt cap ! $90.85M

Open	High	Low	Value	Volume
46.0¢	46.0¢	45.5¢	$5.166K	11.34K

Pertinent market/industry news/articles, page-967

PAM secures high-grade Chilean copper play in strong territory

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Pertinent market/industry news/articles, page-967

Top Stories

PAM secures high-grade Chilean copper play in strong territory

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News