FMG 1.67% $19.49 fortescue ltd

What don’t I get….?? renewable electricity is cheaper than...

  1. 1,024 Posts.
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    What don’t I get….??
    renewable electricity is cheaper than fossil fuel powered electricity but FMG says cost of power too expensive to produce hydrogen!!!

    Just build windmills and solar panels if you truly believe renewable is cheaper ….and you have your cheap green power….

    How you transport hydrogen economically I am sure

    Then burn the hydrogen to get back maybe 40 % of the electricity you started with and the main byproduct is waste heat !!!!

    Sounds a great plan, invented by the Communists to increase work for the masses …

    Meanwhile why doesn’t Australia simply pip China in race to net zero by setting target of 2049…..one year before China plan for 2050….and get on with reducing pollution and waste first….
 
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