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Canada is a signatory to the United Nations Framework Convention on Climate Change (UNFCCC). The Kyoto Protocol, developed under the UNFCC, is an international agreement signed by a number of countries to reduce greenhouse gas emissions. Recently implemented stringent local environmental regulations in conjunction with the Kyoto Protocol regarding greenhouse gas abatement have prompted international interest in energy saving and environmental preservation technologies/systems. Based on the energy savings associated with the installation of a PowerKure
TM system, and thus reducing electricity consumption, climate change is mitigated via reduced fossil fuel use in the electricity generation process. This in turn, would likely be eligible to generate emission reductions once completed through the appropriate certification process applicable in the local jurisdiction.
Also, the price of electricity is continuing to escalate and the increasing demand and costs of fossil fuel for the generation of electricity ensure considerable interest in technologies such as PowerKure
TM, which help in climate change mitigation.
In some countries, the greenhouse gas emission reduction associated with a PowerKure
TM system installation may be eligible as a Clean Development Mechanism (CDM) project per the Kyoto Protocol of the UNFCCC. CDM project activities, once completed through the CDM project cycle, will generate certified emission reductions (CERs). Such CERs can be traded and thus generate additional revenue.
