I did take a small position, reasoning being, at present councils are having to deal with the problem and they wont want to.I am just curious the people on this thread who are buying the stock are not concerned with the massive capital intensity and persistent low returns on equity of the company?
Along this very line So Cynical, when it was first announced, I thought here we go another project that the left will can, but since it was announced a lot has happened in the waste management space.Rubbish is a low margin business, one of the big changes to come is incinerating the plastics to produce power like they do
in some parts of Europe, the plastics fuel special power plants and they call it recycling cos its turned into power not wasted.
They will have to use some form of scrubbers for the stack emissions, but it really isn't a case of well it isn't good, it will be a case of we don't have many options.IMOBurning waste for heat is great in colder country where you can have water heated communal system, it is a pretty bad fuel if you want to get electricity
It is also terribly polluting..so not a miracle solution, even worse for our hot country
Burning waste for heat is great in colder country where you can have water heated communal system, it is a pretty bad fuel if you want to get electricity
It is also terribly polluting..so not a miracle solution, even worse for our hot country
I think the push to address the waste problem, is only just starting, but as with most other things the momentum will accelerate quickly due to the 'connected' World.They burn it in europe because the only other options are to export it or bury it, sure they also produce hot
water and yep it's not super efficient at power production, but it's a case of do something with it or bury it.
In terms of power it has efficiency downsides but ultimately it does work and efficiency is of course one of those things that's relative. However inefficiently it produces power, it still produces it more efficiently than if it's not used at all. Something is better than nothing.They burn it in europe because the only other options are to export it or bury it, sure they also produce hot
water and yep it's not super efficient at power production, but it's a case of do something with it or bury it.
Soon, they have a site in western Sydney and Macquarie has provided the finance, i think it's nowSo when will CWY build a waste burning plant
How true is that?!Like I said a few posts back, it is an issue we can't dodge and one not many want to take on.
But the pointy end want subsidies. Rent seekers with a twist of eco-extortion?It may be an opportunity? Who knows..
This is the whole issue with the myriad of issues, relating to climate change and waste management, once the Government sets the agenda in most cases the tax payer is locked and loaded to pay for it.How true is that?!But the pointy end want subsidies. Rent seekers with a twist of eco-extortion?
(not saying it's CWY, btw)
all cases, really. But it's the equable arrangement that counts. Checks and balances. Realistically, user pays ( = consumer). Involving the Taxpayer is a social readjustment.This is the whole issue with the myriad of issues .... in most cases the tax payer is locked [in]
That is how it is meant to be, the sliding scale of readjustment is always the issue.all cases, really. But it's the equable arrangement that counts. Checks and balances. Realistically, user pays ( = consumer). Involving the Taxpayer is a social readjustment.
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