Emergent Waste Solutions Inc. Signs an Agreement for Carbon Credits Management
Vancouver, B.C. June 21, 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 benefit from:
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 (also called biocoal for energy). GECA was founded in 2015 by Dre Suzanne Allaire in Quebec, after 25 years of environmental R&D and product development from residues using thermal transformation (torrefaction, pyrolysis, gasification). Dr. Allaire worked 18 years as a full professor at Laval University after working in environment for the United States government in Colorado and California. Her role mainly concerns the technical and scientific aspects of the projects.
Melissa Leung joined the team in 2018 as the marketing manager for GECA and Pyrolist. Through the years, she has taken more responsibilities within the company and supported its development and recognition on a local as well as an international level. She has many roles in the company, including consulting, business development and marketing. Amongst other things, she is responsible for the management of all things related to carbon credits.
GECA Environnement’s role is to help companies increase their income by transforming under-used residues into value-added products and transform their actual activities into more environmentally friendly practices.
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:
EWS: Kevin Hull, CEO
khull@ewscanada.com
(604)741-1956
