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Portland [Maine] startup that became global leader in capturing carbon shuts down, lays off all staff
Portland Press Herald ^ | June 15, 2024 | Kelley Bouchard, Staff Writer

Posted on 06/15/2024 8:02:03 AM PDT by Steven Scharf

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To: Sequoyah101

F-16s. FrankenJoey


41 posted on 06/15/2024 9:09:04 AM PDT by Varsity Flight ( "War by 🙏 the prophesies set before you." I Timothy 1:18. Nazarite warriors. 10.5.6.5 These Days)
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To: yldstrk

Honest Howe’s carbon credits. Get them while they’re hot.


42 posted on 06/15/2024 9:09:50 AM PDT by Track9 (If you want to know about human nature, read a power tool user manual. )
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To: Steven Scharf

The guy should have invested in Tulips.

There were a hot item once upon a time and at least he would have some nice flowers.


43 posted on 06/15/2024 9:19:06 AM PDT by ASOC (This space for rent)
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To: Steven Scharf

Somebody has some offshore accounts.


44 posted on 06/15/2024 9:22:53 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: Rummyfan; yldstrk

What’s a carbon credit?

Short answer. You give me a pile of money. I give you a piece of paper promising to bury some carbon in a place that’s somewhere out of your sight. I might or might not do this, it’s really the piece of paper that’s important.

The paper gives you absolution from all the self-guilt and accusations of your friends for flying your private jet around the world and cruising on your million-dollar yacht.

It’s like an anti climate change talisman, for virtue signaling people with far too much money.


45 posted on 06/15/2024 9:42:53 AM PDT by wbill
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To: wbill

Short answer. You give me a pile of money. I give you a piece of paper promising to bury some carbon in a place that’s somewhere out of your sight. I might or might not do this, it’s really the piece of paper that’s important.
**********
Exactly.


46 posted on 06/15/2024 9:47:28 AM PDT by yldstrk ( )
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To: Steven Scharf

I never saw this coming.


47 posted on 06/15/2024 9:49:13 AM PDT by jeffersondem
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To: Steven Scharf
You know who really captures carbon? No kidding around and in seriously large quantities?

Farmers.

But farmers also emit smaller amounts of carbon along the way, so ruling class hates them and wants them destroyed.

It's almost as if the carbon business is a BS excuse for profiteering and pushing people around.

48 posted on 06/15/2024 9:51:52 AM PDT by Salman (It's not a slippery slope if it was part of the program all along. )
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To: Steven Scharf

They were attempting to run an extortion ring using .gov to collect money at gunpoint.


49 posted on 06/15/2024 9:53:22 AM PDT by cgbg ("Our democracy" = Their Kleptocracy)
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To: GrandJediMasterYoda; Steven Scharf

The same folks probably will try to sell tickets to see their cats perform as a marching drill team.


50 posted on 06/15/2024 9:56:18 AM PDT by GreyFriar (Spearhead - 3rd Armored Division 75-78 & 83-87)
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To: Steven Scharf

Bkmk


51 posted on 06/15/2024 10:24:18 AM PDT by ptsal (Vote R.E.D. >>>Remove Every Democrat ***)
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To: Steven Scharf

They forgot to exhale.


52 posted on 06/15/2024 10:31:54 AM PDT by kvanbrunt2
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To: N. Theknow

I’ve seen those, impressive. I hear it runs on solar power and rainwater, incredible. Someone should mass market these things.


53 posted on 06/15/2024 10:48:07 AM PDT by Made In The USA (Ellen Ate Dynamite Good Bye Ellen)
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To: Steven Scharf
I have not heard of this company either and I live locally as well.

Marty Odlin is the new P.T. Barnum "There's a carbon sucker born every minute".

54 posted on 06/15/2024 10:51:10 AM PDT by New Perspective (As Leonard Cohen said once in an interview, “You won’t like what comes after America”)
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To: Steven Scharf

What did they do with their money? Did they have some kind of mechanical systems that required maintenance/replacement?


55 posted on 06/15/2024 10:53:23 AM PDT by shotgun
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To: Steven Scharf

How many new millionaires were made with this scam?


56 posted on 06/15/2024 12:09:14 PM PDT by fella ("As it was before Noah so shall it be again," )
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To: Sequoyah101

I wonder how much of a cut Mills and her CABAL got.


57 posted on 06/15/2024 12:24:13 PM PDT by WellyP (question!)
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To: wbill

It is amazing how with $50 million dollars they were able to extract 50 million pounds of CO2.

I had an old professor. “When the number seems too obvious, they may have just used the ‘left hand’ rule and pulled that number out of their ass.”


58 posted on 06/15/2024 12:33:53 PM PDT by 21twelve (Ever Vigilant. Never Fearful.)
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To: kvanbrunt2

It cost them $1/pound to extract the CO2.

A person exhales a little over 2 pounds of CO2 a day.

I say we pool our quarters together and pay the liberals two bits to hold their breath for a half-hour.


59 posted on 06/15/2024 12:36:57 PM PDT by 21twelve (Ever Vigilant. Never Fearful.)
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To: Steven Scharf

Selling Carbon Credits = A Scam...


60 posted on 06/15/2024 1:19:09 PM PDT by Deplorable American1776 (Guns don't kill people, LIBERALS DO!! Support the Second Amendment...)
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