Tag Archives: sustainable
Advanced Biofuels Industry Calls For Solid Regulations
15 May 2013 The Leaders of Sustainable Biofuels (LSB) met the European Parliament (EP) in Brussels this May at a meeting hosted by the ITRE (Industry, Research and Energy) Committee. EP VP Alejo Vidal Quadras introduced the positions of the EP ITRE Committee on the European Commission revision of the Renewable Energy Directive (RED). The Leaders sent a clear message to the EP members: ‘Second generation advanced biofuel technologies are ready to compete with conventional biofuels, with companies keen to invest in commercial projects given appropriate conditions.’ Such conditions include a long-term stable legislative framework and specific targets for the use of second generation biofuels. The European advanced biofuel Industry is recognised as one of the technologically advanced in the world via investment companies like those LSB members coupled with support from the European Commission and member states. ‘Now is the time to bring advanced second-generation biofuels to the market,’ says Guido Ghisolfi, chairman of LSB and CEO of Chemtex. ‘The industry is committed to delivering on its promise but we need stable long-term investment conditions which encourage investment while, at the same time, promoting true advanced biofuels. This will have a positive economic as well as ecological impact on the EU.’ Today the competition in this sector is on the rise and a risk for the EU is that investments will occur in other places where more favourable policies and investment conditions exist, like the US, South America and Asia. The LSB believes a minimum 2% mandate for advanced biofuels should be set as a sub-target of the RED, with a well defined pathway for growth heading toward 2030 by aligning policies with market realities, securing long-term perspectives and mobilising resources into commercial activities. ‘Certification schemes should also be further developed or adapted to respond to the specific characteristics of lignocellulosic fuel chains, particularly when produced from agricultural and forestry residues and wastes,’ the LSB adds. ‘These actions are essential if the EU wants to meet the Climate and Energy Policy targets.’ The LSB is composed by the CEOs of seven European biofuel producers and European airlines: Chemtex, British Airways, BTG, Chemrec, Clariant, Dong Energy and UPM. Continue reading
Carbon Friendly Retains Sustainable Capital Corporation to Provide Research Report with Target Price
May 03, 2013 02:00 PM Eastern Daylight Time Carbon Friendly Retains Sustainable Capital Corporation to Provide Research Report with Target Price VANCOUVER, British Columbia–( BUSINESS WIRE )– Carbon Friendly Solutions Inc. ( CNSX: CFQ ) (the “Company” or “Carbon Friendly”) announces that it has retained Sustainable Capital Corporation (“Sustainable Capital”), a Canadian-based firm, to render an independent research report by the beginning of June, 2013 with a target price. Accordingly, Carbon Friendly has concluded its relationship with Expansion Funding, LLC (“Expansion”). “I am pleased with the interest that MicroCoal technology has received from major utilities in key international markets. Further, I look forward to working efficiently with Sustainable Capital to receive a report in a timely manner.” The Company reports it will continue to remain focused on seeking a listing on a US Exchange; however, in order to maximize the Company’s value in advance of a listing in the US, the Company will be focused on securing additional MicroCoal™ sales and opportunities. In addition to its current agreements, the Company will follow-through with other utilities and prospects that have expressed keen interest in the MicroCoal technology and its benefits. Slawek Smulewicz, CEO and Director of the Company, states: “ I am pleased with the interest that MicroCoal technology has received from major utilities in key international markets. Further, I look forward to working efficiently with Sustainable Capital to receive a report in a timely manner.” Furthermore, a total of 1,500,000 shares held in escrow by certain parties were released back to the Company and the shares have now been returned to treasury. About Sustainable Capital Corporation Inc.: Sustainable Capital Corporation is a Canadian capital markets advisory firm dedicated to serving emerging clean-technology and select life sciences companies. Sustainable Capital is committed to growing the Canadian clean technology sector and providing the investment community with objective research reports. About Carbon Friendly Solutions Inc.: Carbon Friendly Solutions Inc. , through its subsidiaries, is focused on the development of energy efficiency technology, renewable energy, and reforestation projects that have the potential to generate significant revenue. MicroCoal Inc . has an internationally patented technology that is expected to improve coal-fired utilities’ economic performance by reducing input costs, improving operations and simultaneously reducing their environmental footprint. Global CO2 Reduction generates Carbon Offsets from forestry projects that may be transacted through international voluntary markets. Carbiopel S.A. aggregates biomass supply and produces biomass fuel pellets for the European market, including large European utilities and independent renewable energy providers, in line with EU renewable energy directives. On behalf of the Board of Directors Carbon Friendly Solutions Inc. “Slawek Smulewicz” CEO and Director Forward Looking Statements Certain statements included in this News Release contain forward-looking statements, including disclosure concerning possible or assumed future results of operations of the Company. Forward-looking statements typically are preceded by, followed by or include the words – “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, or similar exp ressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions, and the Company’s results could differ materially from those anticipated in these forward-looking statements. Neither CNSX nor its Regulation Services Provider (as that term is defined in the policies of the CNSX) accepts responsibility for the adequacy or accuracy of the release. We seek safe harbor. Please contact: Slawek Smulewicz CEO and Director, Carbon Friendly Solutions Inc. Telephone: (604) 676 9792 E-mail: info@carbonfriendly.com Contacts Carbon Friendly Solutions Inc. Slawek Smulewicz, 604-676-9792 CEO and Director info@carbonfriendly.com www.carbonfriendly.com Continue reading
