Wednesday, October 11, 2023

#Cleantech #Podcast – Dow Inc. (NYSE: $DOW) Ranked 4th in Top 100 #Water #Polluters



 

 

#Cleantech #Podcast – Dow Inc. (NYSE: $DOW) Ranked 4th in Top 100 #Water #Polluters

 

October 11, 2023 - Investorideas.com, a global news source and leading investor resource covering cleantech stocks issues a new edition of the Cleantech and Climate Change Podcast.     

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/101123-Cleantech.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cleantech-podcasts/10111Dow-Water-Polluter.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Transcript

 

Good morning. As you drink your daily glass of water I want this podcast to be in your thoughts today. Dow Inc. (NYSE:DOW) is a name most of us know. Dow had sales of approximately $57 Billion in 2022, and is a large producer of plastics, including polystyrene, polyurethane, polyethylene, polypropylene and synthetic rubber. It is also a major producer of ethylene oxide, various acrylates, surfactants and cellulose resins.

 

Dow is ranked 4th in terms of the top 100 water polluters according to the Political Economy Research Institute.

Toxic 100 Water Polluters Index (2022 Report, Based on 2020 Data)

(Click on column headers to re-sort table: current sort is by Toxic 100 Water Rank.)

Toxic 100 Water Rank

Corporation

Toxic hazard (pounds released x toxicity)

Millions of pounds of toxic surface water releases

Millions of pounds discharged to public sewage treatment works

EJ: Near Poor Share

EJ: Minority Share

% of toxic hazard from a single facility

1

Northrop Grumman

148,935,444,216

<0.01

0.20

35%

11%

100%

2

LyondellBasell Industries

60,823,822,110

0.27

4.02

14%

27%

97%

3

NextEra Energy

45,021,037,511

0.02

<0.01

36%

34%

100%

4

Dow Inc.

39,668,371,826

0.36

0.18

48%

63%

97%

5

Cargill

25,038,754,640

3.04

0.44

26%

16%

99%

 

But here is where it gets interesting (and you may want to spit out that water!)

 

From news this May, “Dow (NYSE:DOW) has been named a Supplier Engagement Leader for addressing climate change for the second consecutive year by CDP, a global non-profit that runs the world's environmental disclosure system for companies, cities, states, and regions.

 

“In 2022, Dow achieved an A score for climate change action in the supply chain and earned its place once again amongst the top-rated companies featured on CDP's Supplier Engagement Leaderboard. This score stands alongside Dow's A- rating from CDP for climate, forests and water.”

 

Water???  Water???

 

Am I missing something here? Is this a Charles Dickens sequel as a tale of two companies?

 

Let’s say it again, Dow is ranked 4th in the top 100 polluters.  

From their Website: Addressing climate change is one of the major challenges to achieving a sustainable future. As both a major user of energy and a producer of technologies that are essential to a lower-carbon economy, we have a responsibility to act. We're committed to working with our suppliers, customers and value chain partners to ensure Dow's ecosystem is carbon neutral by 2050.

 

“Within our own operations, we are optimizing the efficiency of our operations, investing in renewable energy sources and innovating new low-emission production processes. We also are collaborating with our customers to produce products that contribute to a lower-carbon footprint.”

 

“On sustainability they say “Building on our 2025 Sustainability Goals, these targets put us on a path to achieve carbon neutrality by 2050, eliminate plastic waste in our environment and increase our positive impacts on society, our customers and our business.”

 

But what about the water?

 

In March of this year, it was reported, “New Jersey announced a lawsuit this week against the Dow Chemical Company and other companies for widespread contamination of drinking water by a potentially cancer-causing chemical. The state is accusing the companies of manufacturing, selling and promoting products containing 1, 4-dioxane for decades in New Jersey, despite knowing the chemical was harmful and would pollute drinking water supplies.”

 

“Considered a likely human carcinogen, 1, 4-dioxane was used primarily from the 1950s through the 1990s as an industrial metal cleaner. According to the complaint, the chemical has been detected in groundwater samples at more than 490 sites throughout the state.”

 

This is just one of many stories over the years, so why pretend they are advocates for the environment?  

 

According to an article in Financial Times in August, “A growing number of blue-chip US companies are using environmental and social factors to decide bonuses for top executives, but investors are worried the metrics are being gamed to increase payouts.”

 

“Three-quarters of S&P 500 companies have disclosed that environmental, social and governance metrics contributed to executives’ pay, up from two-thirds of companies in 2021, according to data from The Conference Board and Esgauge, an ESG data analytics firm.”

 

Among them are American Express (NYSE: AXP), Dow (NYSE: DOW) and Southwest Airlines (NYSE: LUV).

 

So now it makes sense, (and dollars), for the management of these companies. Put out bogus ESG reports – make your company look like an environmental hero and pay yourself a big bonus! 

 

Investors beware and be aware. Invest in companies that are actually building and creating innovative water solutions.

 

If your company has breakthrough technology in the water/cleantech sector and would like to be a guest on this podcast and tell your story please call me at 800 665 0411. We would love to tell a positive story.

Visit our water stocks directory

https://www.investorideas.com/Water-Stocks/Stock_List.asp

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Amazon, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, and most audio platforms available.

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ .Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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#REE #Stock Defense Metals (TSX-V: $DEFN.V; OTCQB: $DFMTF) reports on variability samples from the Wicheeda Rare Earth deposit by SGS Canada Inc @defensemetals

 

#REE #Stock Defense Metals (TSX-V: $DEFN.V; OTCQB: $DFMTF) reports on variability samples from the Wicheeda Rare Earth deposit by SGS Canada Inc @defensemetals

 

Vancouver, British Columbia – October 11, 2023: Investorideas.com Newswire, -Mining/Metals/ Green Energy Stock news- Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF / FSE:35D) is extremely pleased to report the most recent results of the extensive comminution and beneficiation test work that has been conducted by SGS Canada Inc. in Lakefield, Ontario (“SGS”) on variability samples from the Wicheeda Rare Earth deposit.  

 

Read this news featuring DEFN in full and see images at: https://www.investorideas.com/news/2023/mining/10111DEFN-SGS-Canada.asp

 

Craig Taylor, CEO of Defense Metals, stated: “Our recent results shows that the Wicheeda feedstock can be crushed, ground and floated to produce a rare earth flotation product with similar or better recoveries and grades to the top producers globally. Our project has many favorable conditions for success: mineralogy, metallurgy, infrastructure, and community collaboration further supporting a path to production.”

 

Beneficiation Results

·        A total of 90 open-circuit flotation tests, using 1 or 2 kg of feed, were conducted on seventeen individual variability samples, various composites and blends.  Considering all open-circuit flotation tests, at a feed grade of 3% TREO (Total Rare Earth Oxide), the best fit line indicated 80% recovery to a 45% TREO concentrate. Closed circuit operations, as practised in flotation plants, can be expected to deliver higher recovery and grade.

·        In addition to the smaller-scale tests, 29 bulk flotation tests using 10 or 12 kg charges were completed to both further optimize parameters and generate 16 kg of 46% TREO content with a recovery of 78% for use as feed for hydrometallurgical tests. 

·        Very favourable results were obtained in a locked cycle test on a deposit composite giving a recovery rate of 85% of the rare earths at a concentrate grade of 50.7% TREO.   

 

The beneficiation tests were aimed at confirming the reagent suite and operating parameters developed in earlier testwork and in the 2020 flotation pilot plant operated on a 26t bulk sample.  The variability samples responded well to the flowsheet and the selected reagent suite and operating regimes (temperature, density). Details of the testwork are provided below.

 

Comminution Results

·        SMC and Bond comminution tests were complete on all variability samples. The recent work confirms, and significantly expands on, the data obtained during the 2020 pilot plant work.

·        The data indicate that grinding energy will be relatively low, in particular in the upper portions of the deposit when the softer dolomitic carbonatite (DC) material, with a Bond ball mill work index of 9 kWh/t, is the majority of the potential mill feed.

·        Autogenous or semi-autogenous grinding system followed by a ball mill will be very satisfactory for the Wicheeda comminution plant.

 

John Goode, Consulting Metallurgist to the Company, commented: “SGS has performed a very thorough investigation of the comminution and beneficiation characteristics of a wide variety of samples from the Wicheeda deposit. The new results are close to those reported earlier and used in previous studies.  Grinding energy requirements have been shown to be relatively low and flotation recovery and concentrate grades are high and very favourable.”

 

Methodology

The three key rare earth-bearing lithologies in the Wicheeda deposit are, (1) the higher-grade dolomite carbonatite (“DC”) which makes up 73% of the deposit, (2) the xenolithic carbonatite (“XE”) that represents 24% of the deposit, and (3) the syenite (“SYN”). Based on its near surface location,  the DC material is expected to comprise the majority of  the mill feed and the XE and SYN lithologies deeper in the deposit mined later. The primary rare earths minerals are monazite, bastnäsite and synchysite/parisite. 

 

The comminution and beneficiation tests were done at SGS by a team headed by Dr. Jing Liu, Senior Metallurgist. Test material comprised a 260 kg Master Composite and seventeen variability samples, each nominally 36 kg, prepared from drill core and representing the three main lithologies in the Wicheeda deposit.  The variability samples were selected to cover the three dominant lithologies, a range of grades (1.1% to 4.5% TREO), depths (7 m to 221 m down-hole), and locations in the deposit, (for additional results on different grades and lithologies please see news release dated October 11, 2022 and February 14, 2023).  Extensive mineralogy was completed on the samples and test products to better define the deposit and process results.

 

A total of 90 open-circuit flotation tests, using 1 or 2 kg of feed, were conducted on a DC composite, xenolithic and syenite composites, the individual variability samples, the Master Composite and various other composites and blends. At a feed grade of 3%, the best fit line indicates 80% recovery to a 45% TREO concentrate.  Closed circuit operations, as in a flotation plant, would deliver higher recovery and grade.  The lower-grade XE and SYN material that are expected to be encountered late in potential mine life delivered somewhat lower concentrate grades and recoveries.

 

Three locked-cycle tests were completed, with LCT-3 operated on 12 kg batches of a New Master Composite made up from all variability samples blended according to the lithology distribution. The flowsheet, illustrated in Figure 1, was operated over seven cycles and showed good stability. The feed grade to LCT-3 was 2.9% TREO and the concentrate assayed 50.7% TREO with a recovery of 85.4%.

 

    

 

Comminution test work was completed by SGS using standard Bond comminution tests and the SMC test which measures the competence of primary grinding mill feed.  The SMC results were provided to JKTech for interpretation.  The Bond ball mill work indices were 9, 11, and 13 kWh/t for the DC, XE, and SYN samples respectively.  The SMC report categorized the DC samples as being very soft and the XE samples as medium.   

 

Qualified Persons

The scientific and technical information contained in this news release, as it relates to the Wicheeda Rare Earth Element project, has been reviewed and approved by John Goode, P. Eng., and Kris Raffle, P.Geo., a director of the Company, both of whom are Qualified Persons as defined by National Instrument 43-101 and Mr. Goode has provided the technical information relating to metallurgy in this news release. 

 

About the Wicheeda Rare Earth Element Project

Defense Metals 100% owned, 6,759-hectare (~16,702-acre) Wicheeda Project is located approximately 80 km northeast of the city of Prince George, British Columbia; population 77,000. The Wicheeda deposit is readily accessible by all-weather gravel roads and is near infrastructure, including hydropower transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the deep-water port facilities at Prince Rupert, the closest major North American port to Asia.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element project located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB, and in Germany on the Frankfurt Exchange under “35D”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit:

http://www.discoverygroup.ca/

 

For further information, please visit www.defensemetals.com or contact:

 

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to completion of the PFS and the expected timelines, advancing the Wicheeda REE Project, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure: This  DEFN news is a paid news release on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp  Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Tuesday, October 10, 2023

#Cleantech #Podcast – Berkshire Hathaway’s (NYSE: $BRK.A; $BRK.B) Pollution Legacy Versus its Propaganda



 

 

#Cleantech #Podcast – Berkshire Hathaway’s (NYSE: $BRK.A; $BRK.B) Pollution Legacy Versus its Propaganda

 

October 10, 2023 - Investorideas.com, a global news source and leading investor resource covering cleantech stocks issues a new edition of the Cleantech and Climate Change Podcast.     

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2023/101023-Cleantech.mp3

 

Read this in full at https://www.investorideas.com/news/2023/cleantech-podcasts/10101Berkshire-Hathaway.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Transcript

 

Good morning . I touched on Warren Buffets’ Berkshire Hathaway (NYSE: BRK.ABRK.B)

pollution ratings in a recent podcast, noting it was one of the top ten air polluters, ranking  9th according to the Political Economy Research Institute for the Toxic 100 Air Polluters Index (2022 Report, Based on 2020 Data)

 

Also according to Political Economy Research Institute they are ranked 4th in Greenhouse 100 Polluters Index.

 

Greenhouse 100 Polluters Index (2022 Report, Based on 2020 Data)

(Click on column headers to re-sort table: current sort is by Greenhouse 100 Rank.)

Greenhouse 100 Rank

Parent corporation or entity

2020 Emissions (CO2 equivalent metric tons)

Percentage of 2020 U.S. greenhouse gas emissions from all sources

EJ: Poor

EJ: Minority

% of CO2 equivalent emissions from a single facility

Industrial Sectors

1

Vistra Energy

95,036,473

1.6%

12%

40%

14%

Power Plants

2

Duke Energy

76,661,234

1.3%

13%

30%

15%

Power Plants, Other, Petroleum and Natural Gas Systems, Waste

3

Southern Company

75,880,072

1.3%

14%

49%

23%

Power Plants, Petroleum and Natural Gas Systems, Other

4

Berkshire Hathaway

67,213,495

1.1%

13%

37%

17%

Power Plants, Petroleum and Natural Gas Systems, Minerals, Metals, Other

 

 

Seeing this made me wants to dig deeper and see what the reality of the company is versus its environmental propaganda.

 

According to their website, “Berkshire Hathaway Energy’s core principle of Environmental RESPECT recognizes the importance of minimizing the impacts our operations have on the environment, and we are committed to using natural resources wisely and protecting our environment for the benefit of future generations.”

 

Talking about ESG they say, “ESG/Sustainability-Sustainability is inherent in Berkshire Hathaway Energy’s vision to be the best energy company in serving our customers, while delivering sustainable energy solutions. Our sustainability strategy focuses on reducing environmental impacts, supporting our communities, embracing a diverse and inclusive workforce, and advancing strong governance principles.”

 

Contradicting this is an article from Cornell in 2022. Christopher Marquis is a professor in sustainable global enterprise at the Cornell SC Johnson College of Business and author of Better Business: How the B Corp Movement Is Remaking Capitalism. Marquis says Buffett’s resistance to sustainability practices and transparency tarnishes his reputation.

 

Marquis says, “Buffett is clearly trapped in the past. The days of companies being able to buttress their profits by passing costs of their pollution onto society are numbered. Investors, governments and consumers are increasingly demanding not only more transparency on emissions, but also for companies to come up with credible net-zero commitments. The longer he holds out, the more and more this will tarnish his reputation as an investor and citizen.”

 

Apparently he is not changing and neither is his company. In May of  this year, Reuters reported, “Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals for environmental, social and governance changes at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed.”

 

“By margins of at least 3-to-1, shareholders voted against three proposals that Berkshire disclose more about its climate-related risks or greenhouse gas emissions and efforts to address them, and its efforts to promote diversity.”

 

So the irony is, he funds the Bill Gates Foundation and AP reported he has given the Gates Foundation nearly $39.3 billion. It may even be more. And what does Bill Gates profess to be as he attends global forums and offers his advice everywhere?...An expert on Climate Change.

 

If all of this wasn’t true it would be ridiculous.

 

For investors, note to self: dig deeper than the corporate propaganda.  

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Amazon, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, and most audio platforms available.

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ .Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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