Replies to post #11266 on FuelCell Energy Inc (FCEL)

[XenaLives]

May 31, 2018, From Hoghead7:

Must read this section of the next link that I'm going to post. For those of you who want some real good information. And for those negative people it's not that far around the corner. Less than a year before it's identified as a successful method of capturing carbon at an affordable price. And actually capturing over 90%.
CAN CARBON CAPTURE AND STORAGE RESCUE NATURAL GAS?
/ CCS HASN'T PROGRESSED MORE QUICKLY AND COMMERCIALLY [DUE TO] THE ABSENCE OF A STRONG COMMERCIAL DRIVER /

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141210786

His is fro the next link

However, whilst it is cleaner than other fossil fuels its production and usage still emits carbon. It has been suggested that carbon capture and storage (CCS) could greatly alleviate this, but it is yet to take off.



“The problem with CCS and the reason it hasn't progressed far more quickly and commercially is the absence of a strong commercial driver to do so, either in the form of a powerful carbon price which makes it economically sensible to do, or for that matter substantial government support in many countries,” says Nick Turton external affairs director at EI.



“Some countries have been putting money into demonstration and R&D, but the scale of what you might hope to see in the future hasn't yet materialised and I think it's to do with that absence of a real powerful economic driver for it.”



Within EI’s research, however, there seems to be a great deal of optimism about the use of CCS. Of those asked, 56% said they expected decarbonised natural gas to play a significant role in the long term. This relies on developments in the technology and the incentives, currently there are just 21 projects researching the use of CCS for oil and gas globally, the most advanced of which focus on oil.

Carbon is not the only major emission to worry about within the gas industry, and the IE’s report highlighted an important but often overlooked problem: fugitive methane leaks which are extremely common in gas production and processing and remain very damaging greenhouse gas.



“It feels like when you look at the debate not just in the industry but more broadly that methane is sort of the poor cousin of carbon,” says Turton. “When people talk about tackling climate change we always talk about decarbonising don't we. That's really, really important, but when we think about whether fossil fuels have a continuing role to play you've got to look at the methane and fugitive methane emissions that are produced during production. Primarily because the release of methane is a lot more potent in fact than carbon dioxide as a greenhouse gas.”



Methane warms the planet much faster than carbon dioxide, although unlike carbon which stays in the atmosphere for millennia, it deteriorates after a few decades and becomes carbon dioxide. According to the Intergovernmental Panel on Climate Change, methane warms the world as much as 86 times more than carbon dioxide.



Despite the clear damage leaked methane can cause, a large percentage of the industry remains unaware of the possibility to capture and commercialise methane emissions. Of those asked by EI, 66% responded “I was aware of some possibilities, but I’m surprised about the scale”, and 16% answered “I was not aware of the technical possibilities to avoid methane emissions.”



This lack of awareness is something that the IEA also have begun to emphasise. Their World Energy Outlook 2017 stated that “Stepping up action to tackle methane leaks along the oil and gas value chain is essential to bolster the environmental case for gas: these emissions are not the only anthropogenic emissions of methane, but they are likely to be among the cheapest to abate.



"We present the first global analysis of the costs of abating the estimated 76 million tonnes of methane emitted worldwide each year in oil and gas operations, which suggest that 40%-50% of these emissions can be mitigated at no net cost, because the value of the captured methane could cover the abatement measures.”

https://power.nridigital.com/power_technology_may18/the_golden_age_of_gas

Folks on the front range are putting a lot of political pressure on the freekin fracking that is polluting our air. Hopefully this will bring about some change.

Ireland becomes the fourth EU country to ban fracking
Fracking is a controversial method used to extract shale gas by breaking rock and is considered to be very harmful for the environment

https://www.downtoearth.org.in/news/energy/ireland-becomes-the-fourth-eu-country-to-ban-fracking-61091


Industry doesn't change unless you hit them in the pocketbook.

[Zigoola]

What would happened if we get good news,with float lacked and so much naked shares?

[lightrock]

Sry, I wasn't watching hardly at all last year. Maybe that in itself is somewhat telling. I wasn't holding any great expectation.

[makingitnow]

maybe that was Ra trade,sorry