RE:RE:Great news related to our sponsors Agree with most of your opinion except it'll be "Alberta" not Canada :
My opinions.... AXE will not get money from the market and if they do it will dilute the stock to oblivion or if it a loan will lead to bankruptcy.
AXE will attempt to get governemnt funding. It is already on life support as a corporate welfare client and Canada will likely fork over $5 million because we are a corporate welfare basketcase of a country
IMO Alberta heavy emitters will be estatic if any of Alberta's ERA, et.al, Gov proxies will fund / invest heavily into technologies like what AXE has. They paid heavily into a emitter's tax (members only) and for howlong?
Alberta's path to a carbon tax: A timeline
This timeline of events shows how Alberta adopted a carbon tax and how the policies in the Climate Leadership Plan were developed and rolled out.
Author of the article:Janet French
Published Mar 06, 2019 • Last updated Mar 07, 2019 • 4 minute read
October 2002: The Progressive Conservative government released its first emissions reductions plan, Albertans and Climate Change: Taking Action. The plan set a goal of reducing carbon emissions 50 per cent by 2020, which would be 10 per cent below 1990 levels in the province.
November 2003: The Climate Change and Emissions Management Act passed in the legislature, putting the emissions targets into law.
July 1, 2007: Amended legislation and new regulations required facilities emitting more than 100,000 tonnes of carbon per year to reduce their emissions by 12 per cent. Companies that failed to reach that emissions target paid $15 a tonne into a new climate change fund. Critics in heavy industry called it a carbon tax.
January 2008: The PC government released a second plan, Alberta’s 2008 Climate Change Strategy, which relied heavily on conservation efforts and carbon capture technology to reduce emissions. It set goals short of the Kyoto Protocol targets the federal government had committed to.
February 2009: The arm’s-length Climate Change and Emissions Management Corporation was formed to decide how best to spend the millions of dollars paid by companies whose emissions exceeded provincial limits. The money was invested in green energy production, conservation and energy efficiency and carbon capture projects.