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Corporate Social Responsibility
News
6.24.2008 - 05:34pm ET
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CleanTech Biofuels Enters Agreement with Terra Vista Systems to Develop Additional Revenue Streams through Carbon Credit Protocols
(CSRwire) ST. LOUIS, June 24 /PRNewswire-FirstCall/ -- CleanTech Biofuels, Inc.
(OTC Bulletin Board: CLTH) is pleased to announce the signing of an
agreement with Terra Vista Systems to develop and implement Carbon
Sequestration Protocols for CleanTech's unique waste-to-ethanol processes
and manage CleanTech's Carbon Credits program.
CleanTech Biofuels' novel waste-to-energy cellulosic ethanol
technology systems utilize waste otherwise filling landfills to produce
renewable sources of ethanol fuel locally. The Carbon Credits Protocols
being integrated by Terra Vista Systems into CleanTech's systems will
quantify and capitalize on Cleantech's added benefit of mitigating methane
and other dangerous greenhouse gases emissions from release into the
atmosphere through traditional disposal of waste in landfills.
Ed Hennessey, CEO of CleanTech BioFuels, Inc. stated: "We are pleased
to be partnering with Terra Vista Systems to help ensure successful
implementation of our CO2 sequestration strategies which should further
our competitive advantage and tap into additional revenue streams in the
developing carbon markets."
About CleanTech Biofuels, Inc.
CleanTech Biofuels, Inc. is a development stage company with
technology capable of converting municipal solid waste into ethanol. By
using the existing infrastructure for municipal solid waste collection and
disposal to collect biomass at negative feedstock cost, the Company expects
to achieve profitability quickly relative to other ethanol producers who
must develop their infrastructure to collect and transport more expensive
feedstocks such as sugar cane, corn or even switchgrass, wood waste, or
corn stover. For additional information about CleanTech Biofuels, please
visit: www.cleantechbiofuels.net">
or http://www.avcg.net/clth.
About Terra Vista Systems
Terra Vista Systems is a leading independent services provider to
organizations in the environmental, carbon and renewable energy verticals.
They assist clients seeking increased profitability and reduced
environmental impact while exceeding compliance. Its Management team
consists of individuals with deep experience in the agriculture,
environmental and carbon market industries, technology development and
strategic services. www.tera-vista.com
Safe Harbor:
This release may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. The risks and
uncertainties that may affect the operations, performance development, and
results of the Company's business include but are not limited to
fluctuations in financial results, availability and customer acceptance of
our products and services, the impact of competitive products, services and
pricing, general market trends and conditions, and other risks detailed in
the Company's SEC reports.
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