Saturday, January 14, 2017 11:58:10 PM
Resources dried up, Alstom got more involve in diversifying them selves than developing new tech, government funds decreased to a trickle, grant money became scarce and when GE finally took over the Alstom's agreement with Mantra, GE spent most of 2016 reorganizing the former Alstom Switzerland, investing little time or funds on developing the new technologies they have acquired.
Within those last two years of inactivity for Mantra a series of events have occurred which may be the catalysis to once again propel Mantra technology on to the world stage.
Nov 2016, the majority of the industrial world sign an agreement to set limits on the amount of CO2 they will be allowed to release back to the atmosphere at the Paris Climate Conference.
Jan 2017 the Canadian Government announces the opening of the CCCI of British Columbia, who sole purpose is to advance technologies such as Mantra's from lab to commercialization.
Late 2016, the Canadian government announces the availability of 25 million in grant money to be used by companies with technology such as Mantra to advance those tech out of the lab.
Jan 2017 Canada and China join forces to set up a forum so that companies like Mantra can showcase their techs with the hope that they be able to obtain financing either for public or private sector to advance their tech from the lab to the market.
Jan 2017 Mantra is invited to be a presenter at that Canada/China Conference.
Late 2016 the China government state they are willing to invest up 6.6 trillion dollars in pollution reduction technologies (including carbon reduction technology such as Mantra's) over the next 10 to 20 years.
As the head of Canada's CMC stated 2015 - 2016 were slim picking for all carbon utilization technologies, government funds were very scarce. They like other companies in the field had to cut back to bare minimum levels to get though the very rough period. He believes funding in 2017 is the beginning of a new optimism with strong government and private sectors strongly committing to renewed interest in getting techs like Mantra's out of the lab and into the market.
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