"Make the lie big, make it simple, keep saying it, and eventually they will believe it."
Adolf Hitler
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More speculation presented as fact by coin.
"You can bet that Evergreen didn't publish the report if the Pennsylvania utility had no intention of using K-fuel. Interest in K-fuel by utilities that operate old non-compliant coal plants is VERY serious."
Of course I can bet they did, they do it all the time.
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" As the PR indicated, this test took a month to complete. Just think about that for a minute - it took an entire month for this utility to run this test. Imagine the logistics associated with a test like that. With such high barriers to entry into the utility business, a lot of potential competitors are going to think twice before entering the clean coal market. Progress is slow in this business, investors need to understand that."
A lot of potential competitors thought twice because they CAN'T MAKE MONEY DOING IT. Do you really thing a Peabody, a Sassol or a GE would back away from a business because it takes a little time?
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"It is true that Evergreen has had some significant plant ramp-up problems, but I believe the single biggest cause for utility inaction over the past couple years has been the delay in enacting tougher emission regulations."
Huh? That make no sense. You guys say it is CHEAPER to burn K-Fuel.
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"The fuel and stack-based test results were encouraging, as well, for industrial boiler operators who must comply with new federal emissions regulations known as MACT (maximum available control technology) that were slated to take effect last fall but have been delayed by court appeals."
(I guess that strongly suggests that if you want to better gauge Evergreen's potential, you need to keep on top of the current legal situation with emissions control.)"
Now you are saying EEE's future is dependent on changes to the legal situation. Wow, you folks have really put your selves out on a limb haven't you.
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"The Pennsylvania DEP (PADEP) will enforce a rule requiring all plants to achieve an 80% Hg reduction or 2.4 lb/TBtu emission rate by 2010. According to the utility personal involved with the test, the PADEP emission rate will be their compliance target, which changes their required Hg to 90% in 2010. The K-Fuel Blend achieved an emission rate of about 4.2 lb/TBtu, indicating that only another 43% would be required for compliance. Minimal injection of activated carbon sorbent would be sufficient to achieve the additional Hg reduction. We estimate that the cost of this pathway to compliance would be reduced by 50 to 70 % by using the K-Fuel blend as compared to
the baseline coal."
So what?
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" Notice the next compliance deadline - the year 2010. If that deadline holds, that is now less than two years off. It also corresponds to Bechtel's new plant construction guidelines of 18 - 24 months. That strongly suggests that we're going to be hearing about a deal in Pennsylvania very soon."
I love how you always come to that "Deal" conclusion.
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