RE:Thoughts on Wcp spinning off Carbon CaptureBarney,
I totally agree with you that the market isn't giving us full value yet for carbon capture. Firstly, I think that many and even some on this board (there are posts below suggesting no tax advantage for Carbon Capture) don't appreciate the potential here. There was a letter signed by 400 or so "Intellectuals" urging the gov not to give tax breaks to the oil industry. This got a lot of play in the media. I had no idea the environment could tell the difference between CO2 sequestored by an oil company and CO2 sequestored by a non-oil company. Had no idea!
There was also a big spend announced by the Refinery in Regina where they were going to invest $500 million into a CO2 capture project with WCP. There is also a significant spend on WCP's part.
I am very confident that the WCP management team is going to make CO2 capture a big positive for shareholders.
Still time to pick up more undervalued shares.