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Wednesday, 02/14/2024 1:07:10 PM

Wednesday, February 14, 2024 1:07:10 PM

Post# of 8472
$75M for the two latest manure digesters financed through a side deal associated with CLNE

Taxpayer subsidies, no doubt, weigh heavily in the matter

Either you understand what the game is here or you’re on the hook as a donor to this not-for-profit scheme

CLNE is not designed (or operated) to create shareholder value

The math is remarkably bad

What’s the carbon footprint of that $75M spent?

What’s the math that shows where either the investment payback or carbon reduction are?

No wonder they describe the process output as “gallons” of RNG

LOL - convert that to BTUs for a laugh (or a cry if you’re stuck holding the bag on this perpetual cash drain)

RNG = good
Cummins nat gas or LNG diesels = great
Manure anaerobic digestion to produce methane = great (if done in an economically sustainable and efficient manner)

CLNE will never turn a sustainable profit with its current business model

So the only benefit of buying CLNE stock is “good feelings for helping save the planet”

And tax loss write offs

Why not be honest and just register the business as a non profit?

That might put a crimp on the executive compensation packages

spec

- Foglifter -

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