TLG 0.69% 71.5¢ talga group ltd

From the REPowerEU webpage:"A Commission Recommendation to...

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    From the REPowerEU webpage:

    "A Commission Recommendation to tackle slow and complex permitting for major renewable projects, and a targeted amendment to the Renewable Energy Directive to recognise renewable energy as an overriding public interest. Dedicated ‘go-to' areas for renewables should be put in place by Member States with shortened and simplified permitting processes in areas with lower environmental risks. To help quickly identify such ‘go-to' areas, the Commission is making available datasets on environmentally sensitive areas as part of its digital mapping tool for geographic data related to energy, industry and infrastructure."

    Looks like recommendation is all they are doing. The recommendation is more fuel, but admittedly Talga is not mining in a location with "lower environmental risk". It is surrounded by Natura2000 land. Despite this, Talga will certainly benefit from renewable energy being classified as an overriding public interest. As in, Reindeer and environment are important, but renewable energy is even more important. Try to coexist the best we can, but renewable energy must come first.

    Recommendation, no teeth. But it is a tailwind rather than a headwind, something we can all appreciate.
    Last edited by helmdacil: 11/09/22
 
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