omniture

EcoSecurities Registers 22 Anaerobic Digestion CDM Projects in Mexico and the Philippines

EcoSecurities Group plc
2006-11-09 09:46 4217

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.

Source: EcoSecurities Group plc
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