GREY:XEBEQ - Post by User
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SORNG1on Aug 02, 2021 5:29pm
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Post# 33640516
RE:RE:RE:RE:A must-watch interview with the chairman of Carbonquest
RE:RE:RE:RE:A must-watch interview with the chairman of Carbonquest CarbonQuest has presented a solution for owners of high rise buildings in New York who will be facing a significant fine if they do not lower their CO2 emissions by 2024. Xebec is partnering with them to produce the equipment to remove CO2 from the flue of the natural gas burning furnaces in these buildings and producing a liquid CO2 product that has a market value. What is not to like about this concept? Is there significant CO2 emissions from high rises in New York (and in every other major city)? The CEO also brought up the question of total electric vs. continued use of natural gas for heating high rises in New York. There is no contest here--naturla gas wil be the fuel. He did not, however, mention the option of Renewable Natural Gas as the fuel. Use of Renewable Natural Gas would be carbon negative due to the capture of biogas from the production of RNG, and with Xebec's technology, there would be a 90% reduction in CO2 resulting from the combustion of the RNG. This is the ultimate win/win as far as climate change and carbon capture is concerned, and there is NO competition from total electric in this scenario. While the Toronto Exchange slept today, XEBEF on the US side closed at $3.14, hown 6 cents from Friday's $3.20 close. However, it went to $3.23 in the After Market. It will be an interesting ride into earnings. As Ben Crenshaw stated in the Ryder Cup at The Country Club in 1999 before the Sunday singles matches. I have a very good feeling about this. That's all I'm going to say.