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GCM Gcm Resources Plc

6.375
-0.25 (-3.77%)
Last Updated: 10:09:22
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gcm Resources Plc LSE:GCM London Ordinary Share GB00B00KV284 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -3.77% 6.375 6.25 6.50 6.625 6.375 6.63 1,168,411 10:09:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal Mining Services 0 -1.32M -0.0056 -11.38 15.15M
Gcm Resources Plc is listed in the Coal Mining Services sector of the London Stock Exchange with ticker GCM. The last closing price for Gcm Resources was 6.63p. Over the last year, Gcm Resources shares have traded in a share price range of 0.85p to 12.50p.

Gcm Resources currently has 237,825,076 shares in issue. The market capitalisation of Gcm Resources is £15.15 million. Gcm Resources has a price to earnings ratio (PE ratio) of -11.38.

Gcm Resources Share Discussion Threads

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DateSubjectAuthorDiscuss
21/4/2024
09:50
The reality is a bit different than 3-4£



Bangladesh's young climate activists demand revision of Energy Master Plan
Want renewable energy-based plan
High time to get rid of expensive technology, harmful fossil fuel use
hxxps://www.dhakatribune.com/344400
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Tribune ReportTribune Report
Publish : 20 Apr 2024, 11:00 AMUpdate : 20 Apr 2024, 11:00 AM
Bangladeshi climate activists demand a revision of the Integrated Energy Power Master Plan (IEPMP) or integrated master plan for the electricity and energy sector so that a sustainable and climate-friendly renewable energy-based master plan is possible.


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They raised these demands at a rally held in front of the National Press Club in the capital on Friday.

The banner-festoons held by them spell various slogans like the transformation of the energy sector, amendment of energy master plan, urgency of renewable-based power and harmonization of various energy policies, danger of detrimental effects of climate change, energy transition, climate finance and need for renewable electricity.


The young climate activists called on the government to urgently revise the current master plan, highlighting the costly bogus solutions contained in the Energy Master Plan (IEPMP).

Dr Khandaker Gholam Moazzem, director of research at the Centre for Policy Dialogue (CPD), a non-governmental policy-research organization, said in a message in solidarity with the youth's demands: “By prioritizing fossil fuels and false solutions like hydrogen and carbon capture in the current IEPMP, the government is hindering Bangladesh's energy transition and jeopardizing its environmental and economic future. To truly align with national renewable energy targets and accelerate our progress towards a sustainable future outlined in the Mujib Climate Prosperity Plan, it's imperative to revise the IEPMP. Removing barriers to renewable energy adoption is essential for a successful energy transition, and revising the IEPMP is the first step towards achieving this goal.�

Young activists also called for an IEPMP to be in line with the Mujib Climate Prosperity Plan (MCPP) and other national policies to prioritize renewable energy.

To ensure a sustainable energy future for generations to come, the revised IEPMP should prioritize achieving national renewable energy targets by including them, activists urged.


As part of the Global Climate Strike, young students went on strike on Friday to ensure a liveable world and called on world leaders to be more vocal in tackling climate change.

Youth Net for Climate Justice, a Bangladesh-based climate organization, �and Fridays for future-s Bangladesh Branch held this program at the press club in coordination with the “Global Climate Strike� event, which is an initiative from “Fridays for Future�, an organization by school-level students worldwide.

Executive Coordinator of Youth Net for Climate Justice Sohanur Rahman said: “The Integrated Energy and Power Master Plan (IEPMP) must serve Bangladesh's interests, not those of others. The plan assigns a significant role to three new technologies â€â€Åâ€;œ hydrogen, ammonia, and carbon capture and storage. Proven renewable technologies like solar and wind, however, are assigned smaller shares despite their recent growth. We young people reject false solutions and call for a shift towards an energy transition-focused master plan that prioritizes renewable energy sources and ensures a just transition for all.â€�

Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy

Greenhouse gas-emitting fuels like ammonia and hydrogen have also been included in the list of “clean for the environmentââââ̵8;¬Å¡¬ï¿½ fuels in the IEPMP. Such fossil-based power is not only harmful to the environment but also expensive and unproven. Experts are calling these technologies “false solutionsâ€�.

Climate activists also urged at the rally that developed countries should take effective action to ensure that multinationals do not invest in fossil fuels to limit global temperature increase to 1.5 degrees Celsius as per the Paris Agreement. And at the same time, renewable energy should be chosen as an alternative instead of falling for various unproven “false solutions�.

“Continuing fossil fuel financing perpetuates climate injustice, with profits for corporations but ongoing suffering for communities. It's time for banks and investors to divest and prioritize a just transition for all, ensuring climate justice.� Dr Samiya Selim, director and professor, Centre for Sustainable Development, University of Liberal Arts Bangladesh, said in this regard.

Friday's rally also called for quick compensation to affected and climate-vulnerable countries with money from developed countries who are responsible for most pollution to establish ''climate justice'' as promised at the COP conference. To do that, a sufficient fund should be built on a priority basis which would be followed by a quick withdrawal strategy so that money can be discharged without any delay.

At the rally, the youth demanded an unconditional waiver of the financial debt of the countries of the "Global South" so that the poor and underdeveloped countries could put more effort into combating climate change. They also sharply criticized developed countries and multinational corporations for constantly making false promises about reducing carbon emissions.

They uttered various details of the disastrous life that the citizens of affected countries like Bangladesh are living due to the effect of climate change. Not only storms, floods, and tidal waves, but also climate change is no less responsible for the terrible and deadly form of air pollution in big cities like Dhaka, they said.

Speakers at the rally said, the world is going through a crucial time due to the catastrophic effects of climate change, which the United Nations has already declared a “red alert for global humanity�. Transitioning from this situation, governments and investors must shoulder the responsibility for the climate-damaging activities of harmful fossil fuels.

From the rally, the youth urged Bangladesh to move away from high-cost energy imports and expensive technology-based policies to create a climate-friendly, renewable energy-based master plan and take effective steps to implement it.

silvstallone
21/4/2024
09:48
3-4£

🤣🤣🤣🤣 9315;🤣ԍ15;🤣🤣;🤣🤣🤣🤣29315;👊€074;

Which lollipop flavor do you like??

The real investment manager calculation 🤣🤣🤣🤣 9315;

mankiniparty
Posted in: GCM
Posts: 225
Price: 6.80
Strong Buy
RE: Investors Chronicle9 Mar 2024 12:47
GCM did have a lot more assets back in those days & cash in the bank. They also owned the Bangla Peoples Tel plus stock in Polo , Aurrora , couple of other coal companies i forget who, i think coal Africa or something.

There is also more than triple the volume of shares now.

However. Coal price has increased, which would counter some of the latter.

I believe the old original Cazenove Broker note predicted around £15 per share at full ramp up.

So, even if you divide that by 3, would still be a conservative £5+ per share. Pretty sure we’d all be happy with that 😂

Obviously thats me looking at it in a very simplistic way.

Another short term projection you could look at is on the SoD submission & potential approval.

When Hasina was first elected this went over £3 on anticipation of green light. So i guess £1 short term is easily achievable.

SoD approval, untested share price reaction but you’d have to say £3-£4, in my opinion

silvstallone
21/4/2024
09:39
Yep, its a great article Steve. All coming together now👍

Thanks to bird brain keep trying to hide it, we have to keep reposting it 😂

baxtea1
21/4/2024
09:32
This article only a few days old ! Looks good with the big energy meeting today !
stevehuges
21/4/2024
09:25
From Searcher on lse:
“ RULING PARTY AND ITS PRE-ELECTION PLEDGE FOR MINING DOMESTIC COAL
This has Phulbari written all over it imo!!!!!

Here are just some of the points from the article...

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“Technical experts, economists, and analysts have long been suggesting the exploration and exploitation of superior-quality coal resources lying at mineable depths. Various studies have been conducted by local and international experts, justifying the proposals for mining coal and using it as the cheapest alternative to depleting natural gas. Even the present government in its past three terms pledged for mining coal. However, the required political decision in this regard has not been made.”

“The technological and economic aspects heavily favor mining domestic coal.”

“The need now is for the government to take the decision of mining or not mining coal. Nothing but domestic coal can ensure sustainable energy security for Bangladesh in the prevailing and emerging global geopolitical situation. Despite global movement for energy transition from fossil fuel to renewable energy coal is going to remain one of the major fuels over the next 30-40 years. Moreover, Bangladesh has no obligation to limit emissions as it has only a negligible carbon footprint of its own.”

“The government paying through its nose realized that the increasing dependence on imported fuel through ignoring exploration and development was a major political mistake.”

“Exploration of coal and gas should be a top priority national agenda. The government should not only make an immediate political decision to mine coal it must also reorganize the mining directorate of Petrobangla to champion coal mining.”

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“A positive signal of the government will encourage investment. In the meantime, the government engaging competent mining experts can review all study reports for implementing mining strategy.”

“However, the election agenda of the ruling party before the general election of 2024 included a government pledge to mine coal. Hope policymakers will produce convincing and authentic documents to the Prime Minister for her courageous decision. Local coal will delay the requirement for importing fuel from abroad. The government will have breathing space for exploring and developing offshore petroleum resources and logically expanding solar and wind power resources.”

hxxps://ep-bd.com/view/details/article/MTAxMDQ%3D/title?q=ruling+party+and+its+pre-election+pledge+for+minin

baxtea1
21/4/2024
08:38
Which lollipop flavor do you like??

The real investment manager calculation 🤣🤣🤣🤣 9315;

mankiniparty
Posted in: GCM
Posts: 225
Price: 6.80
Strong Buy
RE: Investors Chronicle9 Mar 2024 12:47
GCM did have a lot more assets back in those days & cash in the bank. They also owned the Bangla Peoples Tel plus stock in Polo , Aurrora , couple of other coal companies i forget who, i think coal Africa or something.

There is also more than triple the volume of shares now.

However. Coal price has increased, which would counter some of the latter.

I believe the old original Cazenove Broker note predicted around £15 per share at full ramp up.

So, even if you divide that by 3, would still be a conservative £5+ per share. Pretty sure we’d all be happy with that 😂

Obviously thats me looking at it in a very simplistic way.

Another short term projection you could look at is on the SoD submission & potential approval.

When Hasina was first elected this went over £3 on anticipation of green light. So i guess £1 short term is easily achievable.

SoD approval, untested share price reaction but you’d have to say £3-£4, in my opinion

silvstallone
21/4/2024
08:34
15 years

Your average must be amazing

🤣🤣🤣🤣 9315;🤣


mankiniparty
Posted in: GCM
Posts: 225
Price: 8.75
Strong Buy
RE: Pros and cons21 Mar 2024 11:28
I’m a 15 year veteran & i can categorically say this is the most positive i have been here. It is definitely the closest its been to the green light.

There has never so much positive news coming out of Bangladesh

Hasina has never been presented with the plan

The share price has never been controlled so tightly. Nor have we seen an unprecedented volume of large delayed buys over such a lengthy period.

The most positive AGM ever

Those who know who i am, know i always tell it how i see it. Positive or negative, the latter not going down well in years gone by on here😂

Obviously no guarantees but with all factors taken into consideration, i am very positive this is now a done deal

silvstallone
21/4/2024
08:33
When exactly?

🤣🤣🤣🤣 9315;🤣


mankiniparty
Posted in: GCM
Posts: 225
Price: 8.45
Strong Buy
RE: Volume22 Mar 2024 11:24
They’ll be paying £1.04 in a few weeks 😄👊

silvstallone
21/4/2024
08:32
Even better

30mio £

🤣🤣🤣🤣 9315;👊Ԁ74;

mankiniparty
Posted in: GCM
Posts: 225
Price: 7.00
Strong Buy
RE: Phulbari Open Pit Mining!!!!!4 Apr 2024 08:03
Morning mud & jeweller, just like the olden days.

Still on for the £10 party 🥳

silvstallone
21/4/2024
08:26
The reality is a bit different



Bangladesh's young climate activists demand revision of Energy Master Plan
Want renewable energy-based plan
High time to get rid of expensive technology, harmful fossil fuel use
hxxps://www.dhakatribune.com/344400
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Tribune ReportTribune Report
Publish : 20 Apr 2024, 11:00 AMUpdate : 20 Apr 2024, 11:00 AM
Bangladeshi climate activists demand a revision of the Integrated Energy Power Master Plan (IEPMP) or integrated master plan for the electricity and energy sector so that a sustainable and climate-friendly renewable energy-based master plan is possible.


Pause

Unmute
Remaining Time -9:59

Close PlayerUnibots.com
They raised these demands at a rally held in front of the National Press Club in the capital on Friday.

The banner-festoons held by them spell various slogans like the transformation of the energy sector, amendment of energy master plan, urgency of renewable-based power and harmonization of various energy policies, danger of detrimental effects of climate change, energy transition, climate finance and need for renewable electricity.


The young climate activists called on the government to urgently revise the current master plan, highlighting the costly bogus solutions contained in the Energy Master Plan (IEPMP).

Dr Khandaker Gholam Moazzem, director of research at the Centre for Policy Dialogue (CPD), a non-governmental policy-research organization, said in a message in solidarity with the youth's demands: “By prioritizing fossil fuels and false solutions like hydrogen and carbon capture in the current IEPMP, the government is hindering Bangladesh's energy transition and jeopardizing its environmental and economic future. To truly align with national renewable energy targets and accelerate our progress towards a sustainable future outlined in the Mujib Climate Prosperity Plan, it's imperative to revise the IEPMP. Removing barriers to renewable energy adoption is essential for a successful energy transition, and revising the IEPMP is the first step towards achieving this goal.ââ‚;¬ï¿½

Young activists also called for an IEPMP to be in line with the Mujib Climate Prosperity Plan (MCPP) and other national policies to prioritize renewable energy.

To ensure a sustainable energy future for generations to come, the revised IEPMP should prioritize achieving national renewable energy targets by including them, activists urged.


As part of the Global Climate Strike, young students went on strike on Friday to ensure a liveable world and called on world leaders to be more vocal in tackling climate change.

Youth Net for Climate Justice, a Bangladesh-based climate organization, â€�and Fridays for future-s Bangladesh Branch held this program at the press club in coordination with the “Global Climate Strikeâââ€#3;¬ï¿½ event, which is an initiative from “Fridays for Futureâââ€#3;¬ï¿½, an organization by school-level students worldwide.

Executive Coordinator of Youth Net for Climate Justice Sohanur Rahman said: “The Integrated Energy and Power Master Plan (IEPMP) must serve Bangladesh's interests, not those of others. The plan assigns a significant role to three new technologies – hydrogen, ammonia, and carbon capture and storage. Proven renewable technologies like solar and wind, however, are assigned smaller shares despite their recent growth. We young people reject false solutions and call for a shift towards an energy transition-focused master plan that prioritizes renewable energy sources and ensures a just transition for all.�

Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy

Greenhouse gas-emitting fuels like ammonia and hydrogen have also been included in the list of “clean for the environmentâââ€;š¬ï¿½ fuels in the IEPMP. Such fossil-based power is not only harmful to the environment but also expensive and unproven. Experts are calling these technologies “false solutionsâ€�.

Climate activists also urged at the rally that developed countries should take effective action to ensure that multinationals do not invest in fossil fuels to limit global temperature increase to 1.5 degrees Celsius as per the Paris Agreement. And at the same time, renewable energy should be chosen as an alternative instead of falling for various unproven “false solutions�.

“Continuing fossil fuel financing perpetuates climate injustice, with profits for corporations but ongoing suffering for communities. It's time for banks and investors to divest and prioritize a just transition for all, ensuring climate justice.� Dr Samiya Selim, director and professor, Centre for Sustainable Development, University of Liberal Arts Bangladesh, said in this regard.

Friday's rally also called for quick compensation to affected and climate-vulnerable countries with money from developed countries who are responsible for most pollution to establish ''climate justice'' as promised at the COP conference. To do that, a sufficient fund should be built on a priority basis which would be followed by a quick withdrawal strategy so that money can be discharged without any delay.

At the rally, the youth demanded an unconditional waiver of the financial debt of the countries of the "Global South" so that the poor and underdeveloped countries could put more effort into combating climate change. They also sharply criticized developed countries and multinational corporations for constantly making false promises about reducing carbon emissions.

They uttered various details of the disastrous life that the citizens of affected countries like Bangladesh are living due to the effect of climate change. Not only storms, floods, and tidal waves, but also climate change is no less responsible for the terrible and deadly form of air pollution in big cities like Dhaka, they said.

Speakers at the rally said, the world is going through a crucial time due to the catastrophic effects of climate change, which the United Nations has already declared a “red alert for global humanity�. Transitioning from this situation, governments and investors must shoulder the responsibility for the climate-damaging activities of harmful fossil fuels.

From the rally, the youth urged Bangladesh to move away from high-cost energy imports and expensive technology-based policies to create a climate-friendly, renewable energy-based master plan and take effective steps to implement it.

silvstallone
21/4/2024
08:25
Have you called Hasina and Hamid

I want my 3 mio shares (i had for free with trading gains) at 8£

Can’t wait to cash my 24mio £


🤣🤣🤣🤣 9315;🤣

silvstallone
21/4/2024
08:06
All ducks lined up, go ahead is imminent, ignore yapping puppies who have made themselves look stupid. “Import 500MW” 🤣🤣🤣. “Polo have sold shares” 🤣🤣🤣🤣

What a bird brain 🤣🤣🤣

“the ruling party before the general election of 2024 included a government pledge to mine coal”

baxtea1
21/4/2024
08:01
Breaking news

Fill yer boots on Monday

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

baxtea1
21/4/2024
07:59
From Searcher on lse:
“ RULING PARTY AND ITS PRE-ELECTION PLEDGE FOR MINING DOMESTIC COAL
This has Phulbari written all over it imo!!!!!

Here are just some of the points from the article...

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“Technical experts, economists, and analysts have long been suggesting the exploration and exploitation of superior-quality coal resources lying at mineable depths. Various studies have been conducted by local and international experts, justifying the proposals for mining coal and using it as the cheapest alternative to depleting natural gas. Even the present government in its past three terms pledged for mining coal. However, the required political decision in this regard has not been made.”

“The technological and economic aspects heavily favor mining domestic coal.”

“The need now is for the government to take the decision of mining or not mining coal. Nothing but domestic coal can ensure sustainable energy security for Bangladesh in the prevailing and emerging global geopolitical situation. Despite global movement for energy transition from fossil fuel to renewable energy coal is going to remain one of the major fuels over the next 30-40 years. Moreover, Bangladesh has no obligation to limit emissions as it has only a negligible carbon footprint of its own.”

“The government paying through its nose realized that the increasing dependence on imported fuel through ignoring exploration and development was a major political mistake.”

“Exploration of coal and gas should be a top priority national agenda. The government should not only make an immediate political decision to mine coal it must also reorganize the mining directorate of Petrobangla to champion coal mining.”

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“A positive signal of the government will encourage investment. In the meantime, the government engaging competent mining experts can review all study reports for implementing mining strategy.”

“However, the election agenda of the ruling party before the general election of 2024 included a government pledge to mine coal. Hope policymakers will produce convincing and authentic documents to the Prime Minister for her courageous decision. Local coal will delay the requirement for importing fuel from abroad. The government will have breathing space for exploring and developing offshore petroleum resources and logically expanding solar and wind power resources.”

hxxps://ep-bd.com/view/details/article/MTAxMDQ%3D/title?q=ruling+party+and+its+pre-election+pledge+for+minin

baxtea1
21/4/2024
07:36
Bangladesh's young climate activists demand revision of Energy Master Plan
Want renewable energy-based plan
High time to get rid of expensive technology, harmful fossil fuel use
hxxps://www.dhakatribune.com/344400
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Tribune ReportTribune Report
Publish : 20 Apr 2024, 11:00 AMUpdate : 20 Apr 2024, 11:00 AM
Bangladeshi climate activists demand a revision of the Integrated Energy Power Master Plan (IEPMP) or integrated master plan for the electricity and energy sector so that a sustainable and climate-friendly renewable energy-based master plan is possible.


Pause

Unmute
Remaining Time -9:59

Close PlayerUnibots.com
They raised these demands at a rally held in front of the National Press Club in the capital on Friday.

The banner-festoons held by them spell various slogans like the transformation of the energy sector, amendment of energy master plan, urgency of renewable-based power and harmonization of various energy policies, danger of detrimental effects of climate change, energy transition, climate finance and need for renewable electricity.


The young climate activists called on the government to urgently revise the current master plan, highlighting the costly bogus solutions contained in the Energy Master Plan (IEPMP).

Dr Khandaker Gholam Moazzem, director of research at the Centre for Policy Dialogue (CPD), a non-governmental policy-research organization, said in a message in solidarity with the youth's demands: “By prioritizing fossil fuels and false solutions like hydrogen and carbon capture in the current IEPMP, the government is hindering Bangladesh's energy transition and jeopardizing its environmental and economic future. To truly align with national renewable energy targets and accelerate our progress towards a sustainable future outlined in the Mujib Climate Prosperity Plan, it's imperative to revise the IEPMP. Removing barriers to renewable energy adoption is essential for a successful energy transition, and revising the IEPMP is the first step towards achieving this goal.�

Young activists also called for an IEPMP to be in line with the Mujib Climate Prosperity Plan (MCPP) and other national policies to prioritize renewable energy.

To ensure a sustainable energy future for generations to come, the revised IEPMP should prioritize achieving national renewable energy targets by including them, activists urged.


As part of the Global Climate Strike, young students went on strike on Friday to ensure a liveable world and called on world leaders to be more vocal in tackling climate change.

Youth Net for Climate Justice, a Bangladesh-based climate organization, �and Fridays for future-s Bangladesh Branch held this program at the press club in coordination with the “Global Climate Strike� event, which is an initiative from “Fridays for Future�, an organization by school-level students worldwide.

Executive Coordinator of Youth Net for Climate Justice Sohanur Rahman said: “The Integrated Energy and Power Master Plan (IEPMP) must serve Bangladesh's interests, not those of others. The plan assigns a significant role to three new technologies – hydrogen, ammonia, and carbon capture and storage. Proven renewable technologies like solar and wind, however, are assigned smaller shares despite their recent growth. We young people reject false solutions and call for a shift towards an energy transition-focused master plan that prioritizes renewable energy sources and ensures a just transition for all.�

Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy

Greenhouse gas-emitting fuels like ammonia and hydrogen have also been included in the list of “clean for the environment� fuels in the IEPMP. Such fossil-based power is not only harmful to the environment but also expensive and unproven. Experts are calling these technologies “false solutions�.

Climate activists also urged at the rally that developed countries should take effective action to ensure that multinationals do not invest in fossil fuels to limit global temperature increase to 1.5 degrees Celsius as per the Paris Agreement. And at the same time, renewable energy should be chosen as an alternative instead of falling for various unproven “false solutions�.

“Continuing fossil fuel financing perpetuates climate injustice, with profits for corporations but ongoing suffering for communities. It's time for banks and investors to divest and prioritize a just transition for all, ensuring climate justice.� Dr Samiya Selim, director and professor, Centre for Sustainable Development, University of Liberal Arts Bangladesh, said in this regard.

Friday's rally also called for quick compensation to affected and climate-vulnerable countries with money from developed countries who are responsible for most pollution to establish ''climate justice'' as promised at the COP conference. To do that, a sufficient fund should be built on a priority basis which would be followed by a quick withdrawal strategy so that money can be discharged without any delay.

At the rally, the youth demanded an unconditional waiver of the financial debt of the countries of the "Global South" so that the poor and underdeveloped countries could put more effort into combating climate change. They also sharply criticized developed countries and multinational corporations for constantly making false promises about reducing carbon emissions.

They uttered various details of the disastrous life that the citizens of affected countries like Bangladesh are living due to the effect of climate change. Not only storms, floods, and tidal waves, but also climate change is no less responsible for the terrible and deadly form of air pollution in big cities like Dhaka, they said.

Speakers at the rally said, the world is going through a crucial time due to the catastrophic effects of climate change, which the United Nations has already declared a “red alert for global humanity�. Transitioning from this situation, governments and investors must shoulder the responsibility for the climate-damaging activities of harmful fossil fuels.

From the rally, the youth urged Bangladesh to move away from high-cost energy imports and expensive technology-based policies to create a climate-friendly, renewable energy-based master plan and take effective steps to implement it.

silvstallone
21/4/2024
07:35
Others ?

There is only you and me on this thread

silvstallone
21/4/2024
07:34
Jeeeez wake up early

Have you called Hasina and Hamid

🤣🤣🤣🤣 9315;

Im waiting for 8£/ share for my 3mio portfolio

Can’t wait to receive my 24mio £

🤣🤣🤣🤣 9315;

silvstallone
21/4/2024
06:55
Haha, does he keep trying to bury the article 888?
Not surprised he doesn’t want others reading it 😂😂👊

baxtea1
21/4/2024
00:04
From Searcher on lse:
“ RULING PARTY AND ITS PRE-ELECTION PLEDGE FOR MINING DOMESTIC COAL
This has Phulbari written all over it imo!!!!!

Here are just some of the points from the article...

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“Technical experts, economists, and analysts have long been suggesting the exploration and exploitation of superior-quality coal resources lying at mineable depths. Various studies have been conducted by local and international experts, justifying the proposals for mining coal and using it as the cheapest alternative to depleting natural gas. Even the present government in its past three terms pledged for mining coal. However, the required political decision in this regard has not been made.”

“The technological and economic aspects heavily favor mining domestic coal.”

“The need now is for the government to take the decision of mining or not mining coal. Nothing but domestic coal can ensure sustainable energy security for Bangladesh in the prevailing and emerging global geopolitical situation. Despite global movement for energy transition from fossil fuel to renewable energy coal is going to remain one of the major fuels over the next 30-40 years. Moreover, Bangladesh has no obligation to limit emissions as it has only a negligible carbon footprint of its own.”

“The government paying through its nose realized that the increasing dependence on imported fuel through ignoring exploration and development was a major political mistake.”

“Exploration of coal and gas should be a top priority national agenda. The government should not only make an immediate political decision to mine coal it must also reorganize the mining directorate of Petrobangla to champion coal mining.”

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“A positive signal of the government will encourage investment. In the meantime, the government engaging competent mining experts can review all study reports for implementing mining strategy.”

“However, the election agenda of the ruling party before the general election of 2024 included a government pledge to mine coal. Hope policymakers will produce convincing and authentic documents to the Prime Minister for her courageous decision. Local coal will delay the requirement for importing fuel from abroad. The government will have breathing space for exploring and developing offshore petroleum resources and logically expanding solar and wind power resources.”

hxxps://ep-bd.com/view/details/article/MTAxMDQ%3D/title?q=ruling+party+and+its+pre-election+pledge+for+minin

888icb
20/4/2024
22:28
Hasina and Hamid wont upset the local import lobbyists and the climate activists

During their mandate by taking the wrong decision..

silvstallone
20/4/2024
22:24
Bangladesh's young climate activists demand revision of Energy Master Plan
Want renewable energy-based plan
High time to get rid of expensive technology, harmful fossil fuel use
hxxps://www.dhakatribune.com/344400
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Tribune ReportTribune Report
Publish : 20 Apr 2024, 11:00 AMUpdate : 20 Apr 2024, 11:00 AM
Bangladeshi climate activists demand a revision of the Integrated Energy Power Master Plan (IEPMP) or integrated master plan for the electricity and energy sector so that a sustainable and climate-friendly renewable energy-based master plan is possible.


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They raised these demands at a rally held in front of the National Press Club in the capital on Friday.

The banner-festoons held by them spell various slogans like the transformation of the energy sector, amendment of energy master plan, urgency of renewable-based power and harmonization of various energy policies, danger of detrimental effects of climate change, energy transition, climate finance and need for renewable electricity.


The young climate activists called on the government to urgently revise the current master plan, highlighting the costly bogus solutions contained in the Energy Master Plan (IEPMP).

Dr Khandaker Gholam Moazzem, director of research at the Centre for Policy Dialogue (CPD), a non-governmental policy-research organization, said in a message in solidarity with the youth's demands: “By prioritizing fossil fuels and false solutions like hydrogen and carbon capture in the current IEPMP, the government is hindering Bangladesh's energy transition and jeopardizing its environmental and economic future. To truly align with national renewable energy targets and accelerate our progress towards a sustainable future outlined in the Mujib Climate Prosperity Plan, it's imperative to revise the IEPMP. Removing barriers to renewable energy adoption is essential for a successful energy transition, and revising the IEPMP is the first step towards achieving this goal.�;

Young activists also called for an IEPMP to be in line with the Mujib Climate Prosperity Plan (MCPP) and other national policies to prioritize renewable energy.

To ensure a sustainable energy future for generations to come, the revised IEPMP should prioritize achieving national renewable energy targets by including them, activists urged.


As part of the Global Climate Strike, young students went on strike on Friday to ensure a liveable world and called on world leaders to be more vocal in tackling climate change.

Youth Net for Climate Justice, a Bangladesh-based climate organization, â€�and Fridays for future-s Bangladesh Branch held this program at the press club in coordination with the “Global Climate Strikeâ€ᦙ3; event, which is an initiative from “Fridays for Futureâ€ᦙ3;, an organization by school-level students worldwide.

Executive Coordinator of Youth Net for Climate Justice Sohanur Rahman said: “The Integrated Energy and Power Master Plan (IEPMP) must serve Bangladesh's interests, not those of others. The plan assigns a significant role to three new technologies – hydrogen, ammonia, and carbon capture and storage. Proven renewable technologies like solar and wind, however, are assigned smaller shares despite their recent growth. We young people reject false solutions and call for a shift towards an energy transition-focused master plan that prioritizes renewable energy sources and ensures a just transition for all.�

Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy
Bangladeshi climate activists hold a rally in front of the National Press Club in Dhaka on Friday, April 19, 2024. Photo: Courtesy

Greenhouse gas-emitting fuels like ammonia and hydrogen have also been included in the list of “clean for the environmentâ€� fuels in the IEPMP. Such fossil-based power is not only harmful to the environment but also expensive and unproven. Experts are calling these technologies “false solutionsâ€5533;.

Climate activists also urged at the rally that developed countries should take effective action to ensure that multinationals do not invest in fossil fuels to limit global temperature increase to 1.5 degrees Celsius as per the Paris Agreement. And at the same time, renewable energy should be chosen as an alternative instead of falling for various unproven “false solutionsâ€5533;.

“Continuing fossil fuel financing perpetuates climate injustice, with profits for corporations but ongoing suffering for communities. It's time for banks and investors to divest and prioritize a just transition for all, ensuring climate justice.â€A533; Dr Samiya Selim, director and professor, Centre for Sustainable Development, University of Liberal Arts Bangladesh, said in this regard.

Friday's rally also called for quick compensation to affected and climate-vulnerable countries with money from developed countries who are responsible for most pollution to establish ''climate justice'' as promised at the COP conference. To do that, a sufficient fund should be built on a priority basis which would be followed by a quick withdrawal strategy so that money can be discharged without any delay.

At the rally, the youth demanded an unconditional waiver of the financial debt of the countries of the "Global South" so that the poor and underdeveloped countries could put more effort into combating climate change. They also sharply criticized developed countries and multinational corporations for constantly making false promises about reducing carbon emissions.

They uttered various details of the disastrous life that the citizens of affected countries like Bangladesh are living due to the effect of climate change. Not only storms, floods, and tidal waves, but also climate change is no less responsible for the terrible and deadly form of air pollution in big cities like Dhaka, they said.

Speakers at the rally said, the world is going through a crucial time due to the catastrophic effects of climate change, which the United Nations has already declared a “red alert for global humanityâ€A533;. Transitioning from this situation, governments and investors must shoulder the responsibility for the climate-damaging activities of harmful fossil fuels.

From the rally, the youth urged Bangladesh to move away from high-cost energy imports and expensive technology-based policies to create a climate-friendly, renewable energy-based master plan and take effective steps to implement it.

silvstallone
20/4/2024
22:17
From Searcher on lse:
“ RULING PARTY AND ITS PRE-ELECTION PLEDGE FOR MINING DOMESTIC COAL
This has Phulbari written all over it imo!!!!!

Here are just some of the points from the article...

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“Technical experts, economists, and analysts have long been suggesting the exploration and exploitation of superior-quality coal resources lying at mineable depths. Various studies have been conducted by local and international experts, justifying the proposals for mining coal and using it as the cheapest alternative to depleting natural gas. Even the present government in its past three terms pledged for mining coal. However, the required political decision in this regard has not been made.”

“The technological and economic aspects heavily favor mining domestic coal.”

“The need now is for the government to take the decision of mining or not mining coal. Nothing but domestic coal can ensure sustainable energy security for Bangladesh in the prevailing and emerging global geopolitical situation. Despite global movement for energy transition from fossil fuel to renewable energy coal is going to remain one of the major fuels over the next 30-40 years. Moreover, Bangladesh has no obligation to limit emissions as it has only a negligible carbon footprint of its own.”

“The government paying through its nose realized that the increasing dependence on imported fuel through ignoring exploration and development was a major political mistake.”

“Exploration of coal and gas should be a top priority national agenda. The government should not only make an immediate political decision to mine coal it must also reorganize the mining directorate of Petrobangla to champion coal mining.”

“It is now expected that the government will make a decision to mine and set up at least 5,000MW mine-mouth coal power plants soon, yielding fruits by the end of the present term of the government”

“A positive signal of the government will encourage investment. In the meantime, the government engaging competent mining experts can review all study reports for implementing mining strategy.”

“However, the election agenda of the ruling party before the general election of 2024 included a government pledge to mine coal. Hope policymakers will produce convincing and authentic documents to the Prime Minister for her courageous decision. Local coal will delay the requirement for importing fuel from abroad. The government will have breathing space for exploring and developing offshore petroleum resources and logically expanding solar and wind power resources.”

hxxps://ep-bd.com/view/details/article/MTAxMDQ%3D/title?q=ruling+party+and+its+pre-election+pledge+for+minin

888icb
20/4/2024
21:08
He can’t remember what he post

🤣🤣🤣🤣


ShortJohnBlobfish - 19 Apr 2024 - 16:56:11 - 64655 of 64696 GCM - Long termers, banter & research - GCM
Silvstallone19 Apr '24 - 16:42 - 64653 of 64654 (Filtered)

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silvstallone
20/4/2024
21:02
I thought you had filtered your master stallone aka John rambo??

Another lie wker?

silvstallone
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