DCTIF - US Senate Passes Sweeping Climate Change Bill
(TheNewswire)
Calgary, Alberta – TheNewswire- August 10 , 2022 - Delta CleanTech Inc. (“ Delta ” or the “ Company ”) ( CSE:DELT ) , ( FRA:66C ) , ( OTC:DCTIF) celebrates the announcement that the United States (“US”)Senate has passed the Climate Change Bill (“Bill”).
The United States Senate made a landmark decisionyesterday by approving the $370 billion legislation. After more thanone year of negotiating and amendments, the Bill will replace the“Build Better Back” previous legislation that was introduced lastyear, but never passed Senate approval.
Asked to comment, Mr. Jeff Allison, President of Deltastated: “Delta is currently receiving an unprecedented amount of newbusiness opportunities in Canada as result of Canada’s FederalGovernments commitment to carbon taxes and carbon incentives to reduceCO 2 emissions. We recentlycommenced three new projects, the details of which we will formallyannounce in the near future. With the passing of this Bill, the USwill become a major source of new business opportunities for Delta. Wealready have a number of new projects we are evaluating in the US.This new Bill in conjunction with the existing and proposed amendmentsto the 45Qtax incentives in the US, will indeedaccelerate opportunities for Delta over the next few years.”
Mr. Allison continues to share, “The Deltaengineering team is currently working at full capacity, and Delta hasrecently added additional engineering capabilities to meet theincreasing demand that is occurring. Delta’s last two quarters oftheir fiscal year should begin to reflect the new projects recentlyobtained.”
About Delta CleanTech Inc.
Delta CleanTech Inc. is a 15-year ESG-driven, recognized global technology leaderin CO 2 Capture,Decarbonization of Energy, Solvent & Glycol Reclamation, BlueHydrogen Production, and Carbon Credit Aggregation and Management.Delta continues to provide solutions to clients all over the world insequestering, capturing, and reducing CO 2 and through its Carbon RX whollyowned subsidiary is originating, validating, digitizing, and streamingCarbon Credits.
For moreinformation contact:
Jeff Allison, President
Phone: 306?352-6132
Cell: 306-530-6025
E?mail: jallison@deltacleantech.ca
Forward Looking Statements
This news release contains "forward-lookinginformation" within the meaning of applicable Canadian securitieslegislation, which are based upon Delta’s current internalexpectations, estimates, projections, assumptions and beliefs andviews of future events. Forward-looking information can be identifiedby the use of forward-looking terminology such as "expect","likely", "may", "will","should", "intend", "anticipate","potential", "proposed", "estimate" andother similar words, including negative and grammatical variationsthereof, or statements that certain events or conditions"may", "would" or "will" happen, or bydiscussions of strategy. Forward-looking information includeestimates, plans, expectations, opinions, forecasts, projections,targets, guidance, or other statements that are not statements offact. Specifically, this news release contains forward lookinginformation relating to Delta’s ability to materialize on businessopportunities, the completion of three projects and the ability tohire and retain new engineering staff
The CSE does not accept responsibility for the adequacyor accuracy of this release.
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