Working with the multi-disciplinary engineering consultancy, Stopford, the UK-based waste carbonisation business, GreenMine, has secured validation for the equipment and technology to be used at its first UK energy-from-waste plant. Acting as engineer, procurement and construct manager (EPCM) for the development of GreenMine’s waste carbonisation and gasification plants globally, Stopford’s initial remit was to conduct a due diligence survey of selected equipment suppliers capable of meeting UK compliance for the development of a proof-of-concept plant for its innovative solution to landfill. As a critical step in this process, Stopford completed a due diligence exercise on two of the technology providers that [...]
Read MoreWe’re pleased to report that GreenMine has been awarded advanced assurance for the Enterprise Investment Scheme (EIS). This assurance confirms that HMRC agrees that an investment in GreenMine would meet the conditions of a venture capital scheme and that the company can issue certificates to investors to claim tax relief. All businesses applying for the EIS must submit extensive data for HMRC’s due diligence process, including the business plan and financial forecasts, how investments will be used, details of all trading, activities and expenditures, and the investor proposal. What is the EIS? The EIS was launched in 1994 by the UK government as a [...]
Read MoreBy Dr Jacqui Taylor, Clean Tech Advisor at 350PPM COP28 marked a pivotal moment in climate change talks with the first-ever global stocktake since the Paris Agreement. It also included the first-ever agreement to transition “away from fossil fuels in energy systems in a just, orderly and equitable manner, accelerating action in this critical decade, so as to achieve net zero by 2050 in keeping with the science.”. However, the UN’s climate change conference has fallen disastrously short of enforcing a fossil fuel phase-out or indeed providing sufficient climate finance, known as Loss and Damage, to support affected communities in dealing with [...]
Read MoreAs we eagerly await the outcome of COP28 later this week, many will be taking stock of the targets set in the Paris Agreement back in 2015 when 196 parties at the UN Climate Change Conference (COP21) signed a legally binding international treaty on climate change. Its overarching goal was to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.” Despite the explosion of clean energy during the past decade, global warming has cruised through 1.5°C and looks set to continue increasing, unless [...]
Read MoreWe are glad to announce that Organic Heat Exchangers has been granted SEIS & EIS Advanced Assurance from HM Revenue & Customs. The letter can be accessed by clicking the link below: SEIS & EIS Advanced Assurance Organic Heat Exchangers have received an overwhelming response from the investors as well. Currently, we are overfunding on crowdcube. Should you wish to consider Organic Heat Exchangers for inclusion on your own portfolio, you have three options. You can access it through Crowdcube, you can register on O-Hx or email us for the introduction: O-Hx Pitch on Crowdcube Register on O-Hx Email Us
Read MoreGreenhouse gas emissions from air conditioners are expected to climb as economic growth drives efforts to control both temperature and humidity, according to an analysis by scientists from the National Renewable Energy Laboratory and Xerox PARC. The research, which explores the environmental impact of controlling humidity, appears in the journal Joule as "Humidity's impact on greenhouse gas emissions from air conditioning." While the energy used to power air conditioners has clear implications on greenhouse gas emissions, the impact from removing moisture from the air has escaped in-depth study until now. The researchers showed that controlling humidity is responsible for roughly half of the energy-related emissions, with the other [...]
Read MoreAs per a recent article in Financial times, the surge by the world’s largest petrochemical and oil companies into plastic recycling as an industry “plan B” is in question, after a historic UN agreement to negotiate a legally binding treaty to tackle plastic pollution. Despite extensive lobbying efforts to narrow the proposal to deal with plastic waste management, the treaty signed by 175 countries could place equal onus on plastic makers to limit their production. By 2050, petrochemical production will account for nearly half of growth in global oil demand, according to estimates by the International Energy Agency. The industry needs solutions to [...]
Read MoreAs per an article published in Science Alert, global energy-related carbon dioxide emissions rose by 6 percent in 2021 to a record 36.3 billion metric tons, their highest ever level, the International Energy Agency said Tuesday. "The increase in global CO2 emissions of over 2 billion metric tons was the largest in history in absolute terms, more than offsetting the previous year's pandemic-induced decline," it said. It pointed to the widespread use of coal to power growth as the world economy rebounded from the COVID crisis. "The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions – notably the spikes [...]
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