Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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And support of sorts from HMQ:
"My Government will invest in new green industries to create jobs, while protecting the environment. The United Kingdom is committed to achieving net zero greenhouse gas emissions by 2050 and will continue to lead the way internationally by hosting the COP26 Summit in Glasgow. Legislation will set binding environmental targets [Environment Bill]".
Aviation part of the conference start at 14:00hrs today. Grant Shapps earlier this morning mentioned shipping will go the same way decarbonizing...
BA CO Sean D, joins Transport Transition Summit
By Josh Deacon Colleague Communications and Culture BP Mon, 10 May 2021 14:51
Sean joins Transport Transition Summit
Tomorrow, 11 May, Sean is joining a panel of industry experts at the Transport Transition Summit to talk about how sustainability will be at the heart of our recovery.
The entire west coast of north America is / has now adopted a “Clean Fuel Standard”. The one for Canada includes reference to “CFS credit revenues” and states “…the final regulations are expected to be published in the Canada Gazette, Part II at the end of 2021. Credits can be created as of the date of registration of the final regulations”; ie this also appears to tie in with the COP26 (Nov 2021).
https://gowlingwlg.com/en/insights-resources/articles/2021/canadian-clean-fuel-regulations/
In the meantime, and a bit leftfield, but might be worth keeping half an eye on the ongoing Arizona election audit in the US. If fraud is found, it looks like other states will follow (Michigan, New Hampshire, etc). Potentially, this could have a bearing on the likes of Biden’s proposed SAF blenders tax, any mandates from the WEF (Trump wasn’t a fan of the WEF), etc.
I have replied but looks like my comment isn't here. Strange site. In a nutshell I dont expect much news until second half of this year Pixeleen. This share is one to put in the bottom drawer until then.
Hello,
From one of the latests RNS's Velocys said
"The Company expects the project will be in a position to launch its front-end engineering design (FEED) later in 2021 subject to confirmed UK Government policy support and the addition of new investment partners in the project."
That leaves a wide window really, the word "later". Personally I think Boris will want to announce SAF mandates prior to COP26 so we can go in with the moral high ground. How soon before is unclear. What I'm certain of is that they are nailed on to be announced likely to come into force in 2025. I think we're in for a long period of nothingness here with a stagnating or even slightly declining SP then in the second half of the year, maybe the last quarter things will start to hot up as SAF mandates are announced, FEED is completed, financial close on Bayou is reached etc.. etc..
I totally have this on the back burner now and barely check in on this chat so good job I did this morning and saw this question. I'll be back here more regular later in the year when there's more to discuss.
All the best
Biden to include SAF in blenders tax credit. Policy support on the way. Global momentum gathering for mandating SAF...
https://www.reuters.com/business/energy/us-house-panel-discuss-low-carbon-fuel-with-airline-biofuel-industries-2021-05-04/