Today in Commodities: Thursday, July 2 [View article]
There is no other industry output at this time in Canada except Oil and Electricity!
Coal gasification has a future yes but the amount of capital to install it is almost out of reach and the time to build is nearly as extensive as the pyramids!
Carbon trade is a risk like no other. There is no product, no central controls. If the carbon was being sequestered it may be a banking item but it is not. Carbon is being used to enhance oil recovery and news out now that it may also be used in cleaning nuclear waste. Point is, it is going nowhere but back into the air.
Today in Commodities: Thursday, July 2 [View article]
Coal gasification has a future yes but the amount of capital to install it is almost out of reach and the time to build is nearly as extensive as the pyramids!
Carbon trade is a risk like no other. There is no product, no central controls. If the carbon was being sequestered it may be a banking item but it is not. Carbon is being used to enhance oil recovery and news out now that it may also be used in cleaning nuclear waste. Point is, it is going nowhere but back into the air.