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Thursday, 04/25/2024 12:56:55 AM

Thursday, April 25, 2024 12:56:55 AM

Post# of 59469
EPA will announce CCS rules Thursday for all power plants in US.

Theoretically, the new CCS requirements at coal power plants and new gas power plants should be aswesome for FCEL. But I confess ,I do not understand how FCEL stock reacts to seemingly good news. I really don't get it.

From what I understand, all coal plants that produce electricty will be required to have 90% CO2 captured before 2032. And the same will be true for all new gas plants - which I assume means any coal plants that will convert to gas. Coal currently makes up 16% of electricity production in US. And much more overseas. How could this not be awesome for FCEL? Well, I don't expect FCEL price to go up, even though I don't know why this will not be awesome news. ?????????
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