Carbon Footprints

From MarketWire: Polaris Geothermal announces registration for sale of carbon credits

Polaris Geothermal Inc., a developer of geothermal power projects, is pleased to announce that its Nicaraguan subsidiary, Polaris Energy Nicaragua S.A. (”PENSA”), is now registered to sell its carbon credits produced from its San Jacinto-Tizate geothermal project.

Adriana Romero, PENSA’s Director of Public Relations stated that “the ability of the company to trade carbon credits is an important contribution towards reducing green house gas emissions made from Nicaragua”. She stated that “for the first year of production, which concludes at the end of June 2006, over 20,000 tonnes of carbon credits will be produced. Eventually, when the company generates 66 MW annually, it will sell approximately 340,000 tons of carbon credits”

— DS

Technorati Tags: carbon credits, Nicaragua, geothermal

This entry was posted on Sunday, May 7th, 2006 at 6:23 pm and is filed under Alternative Energy, Forces for Good, The Carbon Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.