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MrBigz

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MrBigz

Re: acmg11 post# 23631

Tuesday, 05/15/2007 9:08:34 PM

Tuesday, May 15, 2007 9:08:34 PM

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Biomass power plants looking to seize million-dollar Kyoto opportunities


The country's biomass-fuelled power plants can make money from selling carbon credits following a United Nations Framework Convention on Climate Change agreement.


The Dan Chang Bio-Energy and Phu Khieo Bio-Energy companies of the Mitr Phol Sugar Group are among five plants to receive Natural Resources and Environment Ministry clean-power certificates. These allow them to apply for UNFCCC carbon credits.


Carbon credits can be traded, with one credit allowing the emission of one tonne of carbon dioxide.


Dan Chang and Phu Khieo power managing director Sirisak Tatong said both biomass plants were applying for certificates.



http://www.nationmultimedia.com/2007/05/07/business/business_30033540.php



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