Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Wednesday, February 17, 2010

Biomass-Coal Mix May Be Key to Cutting CO2, EcoSecurities Says

Bloomberg Business Week
February 15, 2010, 09:01 AM EST
By Catherine Airlie

Feb. 15 (Bloomberg) -- EcoSecurities Group Plc, the emissions investor acquired by JPMorgan Chase & Co., said mixing biomass with coal may prevent “tens of millions” of tons of carbon dioxide from being released into the air.

The United Nations approved EcoSecurities’s so-called co- firing process last December for mixing coal and biomass, organic matter such as wood-chip, straw and sugar cane waste, said Paul Soffe, associate director at EcoSecurities, in a telephone interview on Feb. 12. That means EcoSecurities can earn tradable emissions credits for what he called one of the most important ways for reducing CO2 emissions.

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