RE:RE:CC remarks.Re the SAF project, I think it safe, very safe to assume that this project would only proceed with solid "commercial underpinnings" as was said on the LCFS conf. call.
I think it very safe to assume that it won't get built unless and until the LCFS credit system is fixed.
Even at that, I think the customer (Air Canada as I understand it) will have to finance a big part or guarantee a big part of the capex, especially after this fiasco.
Though at present the BC election looks like a continuation of the NDP gov't, and the original LCFS credits system was designed by the Liberals (now BC United) the possibility exists that the BC Conservatives might win. I believe that a good number of their candidates, probably a majority, believe that global warming is a hoax. I wouldn't go so far as to say that the majority of the federal Conservative party feel the same, but who knows what surfaces after an election is over.... Point is, the SAF equity holders will have to be in a bulletproof situation otherwise it never happens.