Posted by: reddees | June 28, 2007

Biomass Emissions Reduction ‘CDM’ Project in Chile

CantorCO2e Limited,  leading global financial services Company, providing sevices to the Global environmental and energy markets, has recently announced thier involvement in the first ever Biomass Clean Development Mechanism (“CDM”) Project in Chile,  byArauco, the largest forestry company in Latin America, selling emission reductions to Tokyo Electric Power Company (TEPCO), one of the world’s leading electricity generation companies in Japan.  The  creation of energy by Arauco, through the burning of Sustainable Biomass (wood waste) results in reducing CO2 and methane emissions in the order of 500,000 tonnes of carbon dioxide equivalent. Source: h*tp://www.cantorco2e.com/AboutUs/?id=9549


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