Re: Carbon Credits
in response to
by
posted on
Mar 24, 2017 11:15AM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
I agree that carbon tax is largely irrelevant to our future profitability if we see anything close to the product pricing people are suggesting. My point was that I don't see what there is to celebrate for ZEN, about carbon credits, as was implied by Fluffy's post?
Maybe someone can point to what there is about 'carbon credits' that we as ZEN investors are suppose to get excited about?
The reality is mining is energy intensive and significant carbon based fuels and explosives are used during mining, production and transportation.
Our eventual mine design and operation may result in us using less fuel than others (and being more carbon efficient) but we are still going to be a net producer and the addition of carbon tax is going cost us more than if we didn't have it.
As to dust control, a dome over the open pit etc, they have nothing to do with carbon credits. If the eventual mine design includes a dome (your source?) then that would probably help with environmental permiting but not CO2 emission. Carbon tax costs are roughly based on the amount of carbon based gases (primarily CO2) released/captured during the production and life of the product a company produces and that is what gets taxed/credited.
Personally, as a ZEN investor, I don't see anything about carbon credits to get excited about as it relates to ZEN and hence my confusion over what Fluffy sees in it.
... Been There