CFO 0.00% 0.2¢ cfoam limited

The carbon levy is coming

  1. 609 Posts.
    lightbulb Created with Sketch. 324
    Bloomberg news (use link) tells it all. Australia and maybe the US are going to do it tough. Aust new trade deals in Europe is now on the ropes as it pulled out of Paris agreement. They will have tariffs imposed on them for imports by Europe to cover the costs of environmental damage due to carbon- “ouch”.
    This is also what Biden is going to initiate with his new executive order.The damage cost estimated by US is estimated between US $51-$200 where the European has it at $70, euro I think. That means stay outside the effort to improve the climate then jolly well pay for the damage you cause.
    God knows what it will do to the Chinese.
    Cfoam is now really beginning to shine for new coal use, no wonder Consul is all over it.This can only force this change now rather than later.

    https://apple.news/Aa14nLmbMSYG2cBmYS7Dlew
 
watchlist Created with Sketch. Add CFO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.