Dear Kevin

I might be able to help with a carbon-in-char price. 

Assume 85% carbon in the char. Current price is below $6. That puts a value of 
about 44/12 * 0.85 * $6 = $18.70 per ton or $0.018 per kilo of charcoal. Call 
it 2 cents. That is about 1/10 of its value as a fuel. 

I can't see people accepting 2 cents not to burn it. It is simply too valuable 
as fuel. 

A carbon dioxide price of $60 would be break even. At that price the global 
economy would nearly vanish into the hands of the traders. Not going to happen. 

Regards
Crispin freezing in Waterloo



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