RE:RE:Renewableslongrun86 wrote: Very dangerous to have "credits" as a major economic driver at high leverage.
I think Tidewater is turnaround story that can still turn out OK as long as the Management team and the Board can make the right choices and can avoid fantastical ideas from clouding their minds!
LR
I'm concerned about political risk for the renewables business. I don't know to what degree their existence hinges on the largesse of government, but I'm sure it's significant. It seems we're due for a significant shift away from ESG focus over the next few years.
Already in the US it looks like renewable diesel is in trouble, with credits sinking in value. It's unclear to me why BC credits have maintained such strong value. Does anyone here have any insight?