This extract may be of interest, if only for the general improvement in the coming conditions for more efficient energy solutions. ie potentially positive for CXY/UCG.
ALSO I sent an email to Stephen Mayne http://www.maynereport.com/articles/2010/08/17-1517-6695.html
The modified letter and his reply is at the end under Letters.
I won't copy it as it is copyright.
He states he is in a difficult position as a relative works for Cougar Energy.
He said it does seem incredible that the Queensland Government seems determined to permanently shut down Cougar's kingaroy UCG plant.
But he did say that if he was Len Cooper(sic) he would already have already filed for compensation given the very thin justification for the shutdown.
The Slashdot article:
+--------------------------------------------------------------------------------------------------------
| Mideast Turmoil and the Push For Clean Energy
| from the no-time-like-the-present dept.
| posted by samzenpus on Sunday March 06, @02:23 (Power)
| https://hardware.slashdot.org/story/11/03/06/0337209/Mideast-Turmoil-and-the-Push-For-Clean-Energy?from=newsletter
+--------------------------------------------------------------------------------------------------------
[0]Hugh Pickens writes writes "Adam Werbach writes that in July 2008
[1]oil prices reached $147 a barrel and suddenly energy prices and
alternative energy was on everyone's agenda but soon oil prices fell as
the economy faltered and people moved on to the more immediate concerns
of keeping their jobs and businesses alive. Now with [2]the possibility
looming of $200 a barrel oil, the US has a robust field of clean energy
technologies that are slowly coming online, from thinfilm solar to fuel
cells to cellulosic ethanol � unlike 2008, when it seemed like we were
starting our innovation engine from a cold start. 'In the last three
years, as oil prices have softened, we've seen stumbles as companies like
Applied Materials pulled back from the clean energy space because of
operational and market conditions,' writes Werbach. '2012 will be a rich
year for equity capitalizations, giving energy entrepreneurs the capital
they need to build infrastructure. Even with the draconian austerity
measures that are coming into effect across the country, [3]this is a
second opportunity for energy innovation.'"
Discuss this story at:
https://hardware.slashdot.org/story/11/03/06/0337209/Mideast-Turmoil-and-the-Push-For-Clean-Energy?from=newsletter#commentlisting
Links:
0. http://hughpickens.com/
1. http://www.theatlantic.com/technology/archive/2011/02/libyas-revolution-offers-a-second-chance-for-clean-energy/71630/
2. http://uk.ibtimes.com/articles/118901/20110304/saudi-arabia-oil-crude-price-200-arab-unrest-middle-east-gulf-production.htm
3. http://www.guardian.co.uk/business/2011/mar/05/oil-uk-energy-sources
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