Carbon Credit – The “Green Gold”

Global trade in carbon is a growing business with quadrupling in international carbon sales in 2006 at over $25B USD according to the World Bank. The New York Times presented carbon trading as one of the fastest growing trades, with companies scrambling to get a slice of a market now worth about $30 billion and could grow to $1 trillion within a decade. Carbon trading is the new big thing according to "In London's Financial World”. Carbon will be the world's biggest commodity market, and it could become the world's biggest market over all, it added.

The clarity of this assertion is reflected in the fact that governments are increasingly regulating their country's emissions and as more companies (just as it’s happening in Europe, US and Canada) mandatorily or voluntarily limit their emissions, the demand for available carbon credits will skyrocket, so will the price! If increased demand dictates an increase in price, getting in now could be one of the wisest investment moves you may make for a bright and economically sustainable future.

Alberta Climate Change and Emissions Management Act, and British Columbia Greenhouse Gas Reduction Targets Act or Cap and Trade Act, The Regional Greenhouse Gas Initiative, European Emission Trading System and the Kyoto Protocol Emission Trading pave the way for industrial plants in these regions, to take action to mitigate their carbon intensity, including buying of carbon credits to offset and meet their greenhouse gas emissions intensity target, thereby pioneering carbon trading in these regions and world at large.

Greenhouse Gas Separation Systems Inc., through its team of scientists, engineers and marketing experts, provide expert services in the reduction or absorption of GHG emissions, converting the emissions reduced or absorbed to carbon credits and trading the credits on the carbon market.

Current Canadian GHG Regulatory Climate

Canada Emissions
Click to View CO Emissions in Canada

Canadian climate change regulation is expanding rapidly, with almost weekly announcements of new initiatives and developments. While the federal government prepares to set domestic GHG reduction targets, opposition parties are exerting their influence to press the government to meet its Kyoto commitments, and environmental groups are doing the same through judicial process. Moreover, various investors and concerned citizens are increasingly urging government to consider new regulations requiring companies to disclose the impact of climate change on their businesses and to help mitigate effects on the global climate.

Governments are responding to these calls – especially in the provinces, which are experimenting with a variety of initiatives, from carbon taxes in BC and Québec to emissions trading regimes in Alberta and, soon, BC. Refer to the Offset System being developed by Environment Canada, and Alberta's Offset System. With numerous new initiatives springing up south of the border as well, and with the tendency of the provinces to favour regional integration, the only thing that is certain is that the Carbon Credit Market will grow. Following are reference articles:

Canada's Offset System for Greenhouse Gas - Guide for Protocol Developers

Alberta to Invest Big in Carbon Carpture

Canada's CO2 Capture & Storage Technology Roadmap

ICO2N - Canada's integrated carbon dioxide (CO2) capture and storage initiative

B.C. joins International Carbon Trading partnership

The Kyoto Protocol - Canada's Emissions - David Suzuki Foundation

Ten U.S. States Join in Forming International Carbon Action Partnership

International Carbon Action Partnership (ICAP)

International Carbon Action Partnership Signing (BC)

Canada's Greenhouse Gas Inventory - A summary of Trends

Emissions Trading - Harnessing the Market Bull to Fight Climate Change (Alberta Oil - Finance & Economics)

Competitive Advantage of GGSSI's Cerenzie Process

This represents a very large opportunity for the application of GGSSI's Cerenzie Process in existing facilities compared to competing technologies, as it costs less to implement and does not require any reduction in plant production. In fact GGSSI's Cerenzie Process can accommodate increased levels of production and emissions making it very attractive from an operational standpoint. GGSSI believes that its technology has many applications in the separation and capture of a wide range of gases in a managed approach to the overall reduction of GHG emissions and that customers will be able to adapt the technology to meet their needs. Additional applications of GGSSI's technology include:

  • Capturing carbon dioxide in an economical way thereby making it feasible for injecting into abandoned oil wells to enhance oil recovery;
  • Capturing carbon dioxide for injection into coal beds to release entrapped methane (a valuable fuel source);
  • Methane enrichment in captured landfill gas to improve the quality of the gas as a fuel by removing CO2 and other harmful contaminants.
  • Capturing and concentrating carbon dioxide from combustion equipment exhausts and injecting the CO2 into agricultural greenhouses for enhanced crop growth rates.
  • Removing a variety of toxic gases for recycling or disposal.
  • Increasing fuel burning efficiencies in furnaces and smelters by using pure oxygen combustion technology (e.g. in aluminum metal processing)

The market for GGSSI's products and services is global in scope as countries actively seek ways to meet their GHG targets while allowing industry to increase production and maintain shareholder value and investor confidence. GGSSI's Cerenzie Process is expected to prove itself to be a valuable and cost-effective environmental technology that has been developed with a keen eye on the need to provide a payback to industry through the realization of GHG emission reduction credits or through value added processes using captured carbon dioxide and methane.

For additional information please contact us at albertggssi@shaw.ca.