Thanks sergeant, the politicians have the right idea but a completely impractical timeline. Just not practical people. We really want a nice cold European winter up next time to freeze some personal reality into the nutters. Plus for them to discover that economic activity and energy use are one. Take energy away and the economy falls back. Not a good idea with so much debt overhead.
On the legislation, the rapid introduction of the supertx didn't leave time for Harbour to react, whereas we have used it to our benefit.The thing is if you don't have txable income you can't take advantage of the incentives. We don't but after 9 months of due diligence and negotiation, the quality of the asset has found us people who do. An investor who does so can fund the development at minimal net cost to them.. plus we even negotiated a portion of their tx benefit be applied to us. Norwegian Bonds are a non-bank funding option for us.
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