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CleanTech Biofuels Enters Agreement with Terra Vista Systems to Develop Additional Revenue Streams through Carbon Credit Protocols
CleanTech Biofuels Enters Agreement with Terra Vista Systems to Develop Additional Revenue Streams through Carbon Credit Protocols
Published 06-24-08
Submitted by Aurora Venture Communication
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.
