DCTIF - Delta CleanTech Outlines Carbon Credit Origination Opportunities
(TheNewswire)
Calgary, Alberta - TheNewswire – November 17, 2021 - Delta CleanTech Inc. (“Delta CleanTech” or the “Company”) ( CSE:DELT ) ( FRA:66C ) (CNSX:DELT.CN) ispleased to announce that Lionel Kambeitz, theCompany’s Executive Chairman, was recently interviewed by various mediaincluding Kitco News, where he spoke directly with the Editor-in-Chiefand Lead Anchor Michelle Makori. Kitco is a leading mediacompany providing incisive and in-depth reporting and information thatcan help investors in their market decisions.
The discussions were centred around the financialopportunities related to the origination, aggregation and sale ofcompliance and voluntary carbon credits with an emphasis on theimportance of controlling technologies that originate and producethese carbon credits in the value chain.
Justinas Baltrusaitis, of Finbold News recentlyreleased an article featuring Delta CleanTech’s Lionel Kambeitz thatdiscussed how exchange traded funds (ETFs) could likely be a keyvehicle for carbon credit environmental, social, and governance (ESG)investing. CLICKHERE TO READ THE FINBOLD ARTICLE
“High fidelity compliance carbon credits could create arbitrageopportunities in the sector. These high-fidelity credits areattractive since they are usually associated with clear complianceprotocols and government directives,” said Lionel Kambeitz,Executive Chairman of Delta CleanTech. “Delta CleanTech’stechnologies are a well positioned source of origination andaggregation for these compliance carbon credits.”
The interviews took place at the conclusion of COP26, the UN climatechange conference that was recently held in the UK. As the world’slargest corporations are increasingly turning to financial products tooffset their environmental footprint, voluntary carbon credits (carbonoffset credits) are a powerful driver in the industry. As noted byKitco, the carbon offset market is forecasted to increase to over $1Billion in 2021, and according to McKinsey Consulting, this marketcould grow 100-fold by 2050.
“ Voluntary carbon offset origination must create a n accountable , quantifiable, permanent and anindependently verified reduction in GHG emissions that are tangible. Many carbon offset projects use third-party verified standards to approvetheir carbon credits and follow rules and procedures set out by independentthird-party organizations, in particular Verified Carbon Standard andthe Gold Standard,” added Kambeitz.“Together, these audit and accredit about 70 % of the offsets in today’s voluntary market. The price of these carbon offset credits may vary widelydepending on the jurisdictional oversight, third party audit andverification integrity and fidelity protocols.”
Delta CleanTech has shown leadership in the complianceand voluntary carbon offset market through its extensive originationand aggregation experience in CO 2 capture, landfill and oilfield methane destruction and zerotillage agricultural carbon credits. The opportunity for doublearbitrage exists because there is the general supply-demand pullwherein carbon credits may go up in value as well as lower fidelityvoluntary carbon offset credits may go up in value as theirorigination protocols and fidelity is validated.
About Delta CleanTech Inc.
Delta CleanTech Inc. is a 15-year-old ESG-driven,recognized global technology leader in Carbon Credit Origination andAggregation through CO 2 Capture &Decarbonization of Energy, Blue Hydrogen Production, and MethaneCollection & Destruction. Delta continues to provide solutions toclients all over the world in capturing, sequestering, and reducingCO 2 while producing high quality fungible CarbonCredits.
For moreinformation contact:
Jeff Allison, President
Phone: 306?352-6132
Cell: 306-530-6025
E?mail: jallison@deltacleantech.ca
Forward LookingStatements
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