Emergent Waste Solutions Inc. Signs an Agreement for Carbon Credits Management
Vancouver, B.C. June 22, 2021 – Emergent Waste Solutions Inc. (“EWS” or “the Company”), is pleased to announce that it has signed a services agreement with GECA Environnement.
GECA’s role is to facilitate the process, optimize profits and mitigate the risks involved in the generation of Carbon Credits while increasing visibility, supporting the development of EWS, and allowing the Company to focus on producing quality biochar and related products.
The final value of EWS generated Carbon Credits will depend on the Company maintaining the high quality of biochar it has already been producing, and on operating the plant to capacity. Also, the precise valuation of our Carbon Credits is dependent on The Company’s emissions and the carbon footprint of the feedstock supply-chain.
Based on historical data and current feedstock supply agreement, it is estimated that EWS could earn as much as $400,000 from Carbon Credit sales in each of the next two years. This amount exceeds the cost of operating the Ruby Creek Project by ~25%.
The services offered by GECA are not limited to Carbon Credits management and brokerage; additionally, EWS may take advantage of the following services, under separate contract, that GECA is also able to provide:
Project development consulting
Market analysis and marketing services for Biochar and other products
Selection, comparison, and evaluation of competing or synergistic technologies
R&D for pyrolytic products
Referencing, which will enhance the credibility of EWS and provide strategic introductions
Technical documentation services
Training services that will help new human resources quickly come up to speed on biochar and related products
Other services, including grant application writing, carbon footprint calculations and emissions reporting
This agreement is a significant milestone for the Company as we anticipate it will lead to a secure revenue stream for the next two years, allowing us to continue developing markets for our manufactured products.
About Emergent Waste Solutions Inc.
EWS is a BC company with exclusive Canadian rights to deploy the world leading Advanced Thermolysis System (“ATS”) technology. The ATS is an innovative, secure, efficient, and proven method for the converting of waste materials such as MSW, plastics, biomass, and livestock waste into marketable products, such as activated carbon, carbon black, biochar, syngas, and bio-oil.
EWS has commissioned and commercially tested an ATS500 plant in Canada, the Ruby Creek Project, that is located in the Hope BC area in partnership with the Yale First Nation.
About GECA Environnement
GECA is a world-renowned consulting firm specializing in pyrolysis and biochar. GECA was founded in 2015 by Dre Suzanne Allaire in Quebec, Canada, with the simple yet challenging goal to clean the planet. The firm employs top scientists, carbon specialists, engineers and brokers to bring sustainable, profitable and applicable solutions to today’s problems.
GECA Environnement’s role is to help companies increase their income by transforming under-used residues and optimizing their practices to generate environmental, social and economic value within their products and operations.
ON BEHALF OF THE BOARD
Kevin Hull,
CEO
You are invited to click here to view the company website for more information about our technology and products: http://www.ewscanada.com
For further information contact:
khull@ewscanada.com
(604)741-1956
