Loading ...Re Rio etc
What worries me a little about them is why the mkt is pricing them so badly, is the mkt saying Net Zero will be abandoned..it may be ..as it is actually impossible ….as to achieve it u basically have to go all electric and to do that even if u can generate enough..we can’t in the time…u have to rewire the entire country, which includes every house and building as the existing grids just can’t shift enough, without literally melting the Grid……and no country has even started on it , or even costed it…..or got the money to pay for it.
EG I was told by a mate in the building biz, that at a new housing development, they wanted to wire it up for EV’s , so they asked the supplier how much..to which they replied…u don’t want to know, as to do it we will have to rewire back to a major substation, miles away and u will have to pay for it….
Another mate who ran major building projects, he built the London Shard, said very much the same thing….the whole country needs rewiring.
Then there is this news….the EU has agreed to let E Fuels be used after 2050.
Germany wins exemption over EU laws to ban CO2-emitting cars