#Cleantech Snapshot - (TSX: $DYA.TO) (OTCQX: $DYFSF) (NASDAQ: $AYRO) (NYSE: $DAL) (TSXV: $XBC.V) (NYSE: $BP) COVID19 is Accelerating a New Energy Era of Low and Zero Carbon Emission Technology; @dynaCERT @AyroInc @Delta @XebecInc @bp_plc
Read this news featuring dynaCERT in full
at https://www.investorideas.com/news/2020/cleantech-climatechange/08171DYA-DYFSF-AYRO-DAL-XBC-BP.asp
According to Lux Research, “Despite the dramatic consequences
COVID-19 is having on the global economy, we predict the energy transition will
be accelerated by several years. Trillions of dollars are expected to flow
through economic relief packages into the deployment of low- and zero-carbon
infrastructure as well as research and development into technologies that
enable it.”
Putting their money
where their mouth is, is a company dramatically impacted by Covid-19. Delta Air Lines is committing $1 billion (NYSE: DAL) over the next 10 years on its journey
to mitigate all emissions from its global business going forward. The airline
will invest in driving innovation, advancing clean air travel technologies,
accelerating the reduction of carbon emissions and waste, and establishing new
projects to mitigate the balance of emissions.
From the news: This honourable
distinction of dynaCERT and our HydraGEN™ Technology as it applies to the
United Nations Sustainable Development Goals as well as United Nations Global
Compact Principals has been evaluated as “high”, the highest global ranking in
its category.
Continued: In dynaCERT’s Triple-A Smart Sustainable
Company Evaluation, Triple-A reports that the United Nations Sustainable
Development Goals and the Paris Climate Accord form the world’s strongest
common agenda for achieving peace and prosperity on a healthy earth.
With over sixteen years
of research and development behind their technology and sixty dollars invested
in it, dynaCERT is committed to its carbon emission reduction technology and a
long term plan for a green economy.
dynaCERT recently reported that during the imposed Covid-19
shutdown their company was moving quickly behind the scenes improving
production facilities at their plant, advancing research and development, and
preparing for increased demand for their HydraGEN™ Technology.
Unlike most
companies, they also reported, “The Company has re-emerged from the global
COVID-19 economic slowdown with a cleaner and stronger balance sheet.”
Their patented HydraGEN™
Technology creates hydrogen and oxygen on-demand through a unique electrolysis
system and supplies these gases through the air intake of internal combustion
engines to enhance combustion, resulting in lower carbon emissions and greater
fuel efficiency, intake to enhance combustion.
dynaCERT is also
transforming the trucking industry with its HydraLytica™ telematics data
monitoring software that monitors fuel efficiency and carbon emission
reductions.
Another company in
the trucking industry is making waves as it capitalizes on the new reality of
Covid-19. AYRO, Inc. (NASDAQ:AYRO), a manufacturer of
light-duty, urban and short-haul electric vehicles (EVs), recently announced it has received $584,000 in orders for
its inaugural purpose-built EV hospitality truck solution.
From the news The milestone
follows the recent partnership announcement with Gallery Carts (Gallery), a
leading provider of food, beverage and retail carts, kiosks and portables. The
collaborative AYRO-Gallery engineering partnership was established in part to
launch these new "on-the-go" hospitality vehicles.
From the news: The innovative
AYRO-Gallery vehicle integrates a configurable lithium-Powered Vendor Box
solution into the Club Car 411 Utility Vehicle, enabling safe hot or cold food
distribution via emissions-free, light duty vehicles in hospitality venues
nationwide. These initial orders are expected to provide the all-electric
configurable mobile vehicles for campuses, stadiums, resorts, airports and
event centers across the United States.
Continued: In addition to the logistical and
environmental benefits of the AYRO-Gallery solution, purpose-built EVs have
been shown to save fleet operators more than 50 percent on annual fuel costs
when compared to existing gas and diesel trucks. It also provides Gallery
clients with revenue generating opportunities with custom branded exteriors and
through mobile on-demand, on-location sales that overcome existing retail space
limitations.
Continued: "The AYRO-Gallery solution is
helping us support our clients as they continue to address operational issues
associated with COVID-19," adds Dan Gallery, President of Gallery Carts.
"They need solutions that allow them to expand revenue opportunities by
bringing food and other products to students, fans and consumers where they
are. We see the demand growing. AYRO's new facility and commitment to growth is
critical to satisfying the demand."
In other recent
headlines on reduced carbon emissions, Canadian cleantech company Xebec
Adsorption Inc. (TSXV: XBC), a global provider of clean energy
solutions announced it has signed an exclusive partnership
agreement with CarbonQuest.
From the news: Xebec’s CO2 separation technology,
specifically designed for this application, will be integrated into
CarbonQuest’s Building Carbon CaptureTM system. CarbonQuest has developed a
patent pending “4-Step Carbon Capture Process” which enables the separation and
liquefaction of CO2 from natural gas. The captured Sustainable CO2TM will be
sequestered or used in manufacturing or other industry. This partnership will
bring a timely and cost-effective solution for property owners looking to meet
their sustainability goals and reduce their exposure to the new Local Law 97
regulation. As a result, the partnership opens significant market opportunities
for Xebec’s advanced CO2 capture technologies through CarbonQuest’s process.
Continued: In April 2019, the New York City Council
passed the Climate Mobilization Act, which included a provision (Intro 1253)
that limits greenhouse gas emissions from buildings over 25,000 square feet.
Intro 1253 became Local Law 97 in May 2019, and now covers approximately 60,000
NYC buildings. Emissions reduction goals are 40% by 2030 and 80% by 2050,
benchmarked against 2005 levels. The limits have been set in three phases for
2024-2029 (Phase 1), 2030-2034 (Phase 2) and 2035-2050 (Phase 3) and are
measured in kilograms of CO2 equivalent per square foot. Any emissions above
the limits will result in penalties which are set to progress in severity over
time.
So what does the
future look like? You know the energy world is changing when oil and gas giant
BP (NYSE: BP) makes a commitment to be net zero. “Our
ambition is to be a net zero company by 2050 or sooner. And to help the world
get to net zero. This will mean tackling around 415 million tonnes of emissions
– 55 million from our operations and 360 million tonnes from the carbon content
of our upstream oil and gas production. Importantly these are absolute
reductions, to net zero, which is what the world needs most of all. We are also
aiming to cut the carbon intensity of the products we sell by 50% by 2050 or
sooner.”
Forbes reported in an article, ‘Canada’s
Clean Energy Sector Can Help Drive Economic Recovery From COVID-19’: “For Canada, these structural economic
changes will have significant implications because the oil and gas sector plays
a vital role in the national economy and accounts for 5.6% of nominal GDP.
However, given oil's future outlook and negative externalities associated with
consuming fossil fuels, the Canadian government needs to structurally steer the
economy away from its carbon-intensive energy sector and take the opportunity
to push for a green recovery from Covid-19's economic crisis. Even during the
economic downturn, we see the resilience of the clean energy sector compared
with other energy sources. The International Energy Agency (IEA)'s World Energy
Investment 2020 report highlighted that renewables would be the only energy
source likely to experience demand growth for the rest of 2020. Alongside this,
in the United States, the Energy Information Administration (EIA) expects
renewables to surpass coal's share of power generation for the first time this
year.”
For companies like
dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ) that have spent
years of commitment to creating a reduced co2 emission economy, it’s about time
and it’s very much their moment in
time!
For investors following renewable energy and ESG stocks,
visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Visit the Cleantech and Climate Change Podcast page at Investorideas.com
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