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Re: littleatatime post# 1855

Thursday, 06/30/2011 11:05:33 AM

Thursday, June 30, 2011 11:05:33 AM

Post# of 15617
A few thoughts this morning. The current administration would actually be far more favorable to NG and to helping CABN convert CO2 and NG into fuels and oils, far more favorable than the other side. They see NG as the green opportunity (Far more favorable than coal in the GHG equation) and reuse of CO2 in a plan like CABN has has the golden opportunity (once again addressing the GHG issue). The problem is that there are always factions in the environmental camps (not necessarily Dem or Rep) that are fighting unregulated fracking of wells and they will soon be dragging us into court cases, that could slow the glut of NG production for a while. They might also slow the permitting process for a new process like CABN might bring to NG wells (as the CABN process will need cooling water, and discharge permits near the well site), but rest assured the current administration would spearhead and favor the permitting of what CABN has to offer.

The problem at times is old regulations that are law, that must be followed because they are current law, and the need for new (simpler) regulation that covers new inventions (which takes time to write, debate and pass), and that can slow the rush to implement new technology, so as investors we need to be aware of how fast or slow that process can take (I personally fought that battle my self with my own CABN like start up in 2000). IMHO the old administration would not have favored the CABN technology, but instead favored high oil and gas prices and wars to protect the oil in the ME (Dick Cheney, ex CEO of Halibuton), and did not give a damn about CO2 GHG emissions, but that is just my opinion.

While the EPA gets routinely caught in the political grinder, what we have with the EPA is far better than what we had in the 1960s with no EPA. You can now find fish in the Houston ship channel, instead of a sea of toxic oil laden flammable muck floating on the surface, with nothing alive below it. The EPA was created by political pressure to clean up things like Love Canal (Google Love Canal, Hercules Chemnical) and the Houston ship channel...and so on, which were created them selves by out of control public entities, such as school districts and City administrations (See "Love Canal, the other side of the story").

I once had a cartoon on my desk, this guy was looking at himself in the mirror, and the caption said "We have met the enemy" LOL.


Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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