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Follow on Google News | JSM Financial: EcoSecurities promotes biomass-coal mix to cut Co2 emissions.Power generators may cut carbon emissions by millions of tons.
By: JSM Financial EcoSecurities‘ In Europe there has been a steady growth in the markets of woodchip, straw and other biomass products after the European Union adopted targets aimed at increasing renewable energy production for the block. The United Kingdom awards subsidies for co-firing, dependant on how much biofuel is used to replace coal. It is hoped that the larger coal dependent nations such as South Africa, China, Indonesia and Chile would look at co-firing to reduce their carbon emissions as part of the Copenhagen Accord emissions targets, JSM Financial was informed. The EcoSecurities co-firing method can now earn Certified Emissions Reduction credits under the Kyoto Protocol’s Clean Development Mechanism, the globes largest emissions trading system after the EU’s Emissions Trading Scheme. # # # JSM Financial is an independent broker focused on the realization of superior returns from seed stage and early-stage equity investment and active partnerships with exceptional entrepreneurs building market-leading technology companies. End
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