Calgary, Alberta – TheNewswire – November 17, 2021 – Delta CleanTech Inc. (“Delta CleanTech” or the “Company”) (CSE:DELT) (FRA:66C) (CNSX:DELT.CN) is pleased to announce that Lionel Kambeitz, the Company’s Executive Chairman, was recently interviewed by various media including Kitco News, where he spoke directly with the Editor-in-Chief and Lead Anchor Michelle Makori. Kitco is a leading media company providing incisive and in-depth reporting and information that can help investors in their market decisions.
The discussions were centred around the financial opportunities related to the origination, aggregation and sale of compliance and voluntary carbon credits with an emphasis on the importance of controlling technologies that originate and produce these carbon credits in the value chain.
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CLICK HERE TO WATCH KITCO INTERVIEW
Justinas Baltrusaitis, of Finbold News recently released an article featuring Delta CleanTech’s Lionel Kambeitz that discussed how exchange traded funds (ETFs) could likely be a key vehicle for carbon credit environmental, social, and governance (ESG) investing. CLICK HERE TO READ THE FINBOLD ARTICLE
“High fidelity compliance carbon credits could create arbitrage opportunities in the sector. These high-fidelity credits are attractive since they are usually associated with clear compliance protocols and government directives,” said Lionel Kambeitz, Executive Chairman of Delta CleanTech. “Delta CleanTech’s technologies are a well positioned source of origination and aggregation for these compliance carbon credits.”
The interviews took place at the conclusion of COP26, the UN climate change conference that was recently held in the UK. As the world’s largest corporations are increasingly turning to financial products to offset their environmental footprint, voluntary carbon credits (carbon offset credits) are a powerful driver in the industry. As noted by Kitco, the carbon offset market is forecasted to increase to over $1 Billion in 2021, and according to McKinsey Consulting, this market could grow 100-fold by 2050.
“Voluntary carbon offset origination must create an accountable, quantifiable, permanent and an independently verified reduction in GHG emissions that are tangible. Many carbon offset projects use third-party verified standards to approve their carbon credits and follow rules and procedures set out by independent third-party organizations, in particular Verified Carbon Standard and the Gold Standard,” added Kambeitz. “Together, these audit and accredit about 70% of the offsets in today’s voluntary market. The price of these carbon offset credits may vary widely depending on the jurisdictional oversight, third party audit and verification integrity and fidelity protocols.”
Delta CleanTech has shown leadership in the compliance and voluntary carbon offset market through its extensive origination and aggregation experience in CO2 capture, landfill and oilfield methane destruction and zero tillage agricultural carbon credits. The opportunity for double arbitrage exists because there is the general supply-demand pull wherein carbon credits may go up in value as well as lower fidelity voluntary carbon offset credits may go up in value as their origination protocols and fidelity is validated.
About Delta CleanTech Inc.
Delta CleanTech Inc. is a 15-year-old ESG-driven, recognized global technology leader in Carbon Credit Origination and Aggregation through CO2 Capture & Decarbonization of Energy, Blue Hydrogen Production, and Methane Collection & Destruction. Delta continues to provide solutions to clients all over the world in capturing, sequestering, and reducing CO2 while producing high quality fungible Carbon Credits.
For more information contact:
Jeff Allison, President
Phone: 306‐352-6132
Cell: 306-530-6025
E‐mail: [email protected]
Forward Looking Statements
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