CNX 0.00% 7.4¢ carbon energy limited

positive technicals, page-10

  1. 4,654 Posts.
    lightbulb Created with Sketch. 111
    reading the info from Sept 08 on the power station from ENB:

    "With the onset of a carbon scheme in 2010, (the details of the Carbon Pollution Reduction Scheme remains unclear), the Company is confident that its relatively low carbon emission compared to coal-fired generators will provide the Company with a competitive advantage. However, management is concerned as to the focus on the proposed ‘bonus’ certificates and retention of coal-fired power outlined in a transitional assistance measure. Certain categories of firms (including coal-fired power stations) might receive some emissions permits for free whilst cleaner gas-fired power stations will not be entitled to free permits."
    So if you think about this and the future, if more companies are worried about the credits etc then CNX tech would solve alot of the issues and allow future planning etc. Just a thought...
 
watchlist Created with Sketch. Add CNX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.