DUBLIN, Ireland, Nov. 9 /Xinhua-PRNewswire/ -- EcoSecurities, one of the
world's leading companies in the business of originating, creating and
trading carbon credits, announces the registration of 22 Methane Recovery and
Electricity Generation projects under the Kyoto Protocol's Clean Development
Mechanism (CDM). The projects are planned and in some cases underway at a
series of pig farms in Mexico and the Philippines. Each project calls for
construction of a covered in-ground anaerobic reactor to convert animal waste
into biogas, an energy source that can be used to generate clean electricity
on the sites.
Eighteen of the 22 projects, planned in the Mexican states of Puebla and
Veracruz, were developed by EcoSecurities in conjunction with Cargill and
Granjas Carroll de Mexico (GCM), The additional 4 projects, in the Phillipine
provinces of Tarlac and Bulacan, were developed by EcoSecurities and
Philippine BioSciences Co. (PhilBio).
These projects will reduce greenhouse gas emissions produced by the
release of methane from wastewater lagoons. Combined, the projects have the
potential to generate over 131,000 Certificates of Emission Reduction (CERs)
per year.
EcoSecurities Implementation & Monitoring Manager Jessica Orrego
states, "The registration of these projects represents a significant
achievement, not just from the sizeable reductions achieved in greenhouse gas
emissions but also in other environmental and sustainable development
benefits such as the elimination of odour, additional employment
opportunities and diversification of energy sources".
The CDM is an article of the Kyoto Protocol which allows industrialised
countries with a greenhouse gas reduction commitment (so-called Annex 1
countries) to invest in emission reducing projects in developing countries
and count them towards their Kyoto targets.
Notes to Editors:
About EcoSecurities:
EcoSecurities is one of the world's leading companies in the business of
originating, developing and trading carbon credits. EcoSecurities structures
and guides greenhouse gas emission reduction projects through the Kyoto
Protocol, acting as principal intermediary between the projects and the
buyers of carbon credits.
EcoSecurities works with companies in developing and industrialising
countries to create carbon credits from projects that reduce emissions of
greenhouse gases. EcoSecurities has experience with projects in the areas of
renewable energy, agriculture and urban waste management, industrial
efficiency, and forestry. With a network of offices and representatives in 20
countries on five continents, EcoSecurities has amassed one of the industry's
largest and most diversified portfolios of carbon projects. Today, the
company is working on 273 projects in 27 countries using 16 different
technologies, with the potential to generate more than 146 million carbon
credits.
EcoSecurities Group plc is listed on the London Stock Exchange AIM
(ticker ECO.L). Additional information is available at
http://www.ecosecurities.com .
About Cargill:
Cargill is an international provider of food, agricultural and risk
management products and services. With 149,000 employees in 63 countries, the
company is committed to using its knowledge and experience to collaborate
with customers to help them succeed.
About Granjas Carroll de Mexico:
GCM is the largest commercial pig producer in Mexico. Starting in 1993,
their operations are based in the states of Puebla and Veracruz currently,
GCM has 57,000 sow in 16 farms. They are owned by US-based Smithfield Foods
and Mexican-based AMSA (AgroIndustrias Mexicanas SA) (AgroIndustrias Unidas
de Mexico SA).
About Philippine Bio-Sciences Co. Inc:
Philippine Bio-Sciences Co. Inc., "PhilBIO", designs, constructs,
finances and operates proven, advanced waste-to-energy-systems to recover
methane gas as a viable fuel for onsite electric power. Principally operating
in The Philippines and Thailand, the firm has installed more than 35 of its
digesters at hog farm operations in the last seven years with nearly 4MW of
installed electricity capacity.