Clean Energy Pathways, Inc. (CPWY)

[Richard2]

The last time I contacted the company, all I could get out of the receptionist was that they were in Alabama. That was in response to my question about their geographic area of operations. So, with that, I don't see how the north east carbon taxes would benefit them at all.

However, for the sake of speculation, lets say that all press releases were accurate and that they are currently marketing fuel in all of the said markets. All power plants have a few backup generators, but they are only used for starting up. The plants can't generate many credits from the fuel, because they burn so little in relation to the solid boiler fuels.

As far as Europe goes, it is true that their carbon accounting systems have created a few opportunities for US renewable fuels. But Europe has taken a different approach from the US towards meeting their greenhouse gas reduction goals. They are concentrating on power generation. This is creating many opportunities in our biomass markets. Many companies are building plants in order to export wood pellets to Europe, which, I would imagine, are a cheaper and more abundant source of btu's.

Please keep in mind that I have no more information than you do. Without knowing their volumes I cannot determine whether or not the export market would be a fesible outlet for them. If the company is moving forward, I do hope that they will find the time to organize an investor relations department. After all, they can make progress for the next year, but the PPS isn't going to go much higher unless someone knows about it.