Breaking #Cleantech #Stock News: dynaCERT
(TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) Announces Major #CarbonCredit
Advancements with Verra; @dynaCERT
Toronto, ON, January 25, 2021 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that the executive management of Verra, which manages the world's largest greenhouse gas program, the Verified Carbon Standard, has approved the concept note of dynaCERT that is designed to secure Carbon Credits by deploying dynaCERT's patented HydraGEN™ Technology and HydraLytica™ Telematics on a global basis.
Read this news,
featuring dynaCERT in full at
https://www.investorideas.com/CO/DYA/news/2021/01251Verra.asp
Hydrogen Economy Leaders
Collaborating with Verra
dynaCERT's
forward-thinking management is fully committed to maintaining a Canadian
leadership role in the new Hydrogen Economy while collaborating significantly
with other top-ranked industry leaders, such as Verra, to further supplement
and broaden the benefits of the Company's clean-technology line of products
currently available to the global market.
United Nations Clean Development
Mechanism
This
concept note approval by Verra is unique because no such similar methodology is
in use globally for mobile transportation vehicles. After discussion and
thorough research, Verra approved the concept note designed to create
dynaCERT's new Verified Carbon Standard (VCS) Methodology under Verra's VCS
Program using the proposed revisions by dynaCERT and the Clean Development
Mechanism of the United Nations enacted by the United Nations' "Framework
Convention on Climate Change, regarding emission reductions through improved
efficiency of vehicle fleets", i.e., AMS-III.B.C.
About Verra
Verra
is a global leader helping to tackle the world's most intractable environmental
and social challenges by developing and managing standards that help the
private sector, countries, and civil society achieve ambitious sustainable
development and climate action goals. Verra's global standards and frameworks
serve as linchpins for channeling finance towards high-impact activities that
tackle some of the most pressing environmental issues of our day.
Website: www.verra.org
The VCS Program of Verra
The
VCS Program is the world's most widely used voluntary GHG program. The VCS
Program provides a pathway for carbon projects to achieve certification through
a third-party audit process. Successful certification can result in the
generation of a VCU (Verified Carbon Unit). Since its launch in 2006, the VCS
Program has grown into the world's largest voluntary GHG program. Projects
certified under the VCS Program include dozens of technologies and measures
which result in GHG emission reductions and removals, including forest and
wetland conservation and restoration, agricultural land management, transport
efficiency improvements, and many others. Over 1,600 certified VCS Program
projects have collectively reduced or removed more than 550 million tonnes of
carbon and other GHG emissions from the atmosphere, the equivalent of more than
120 million passenger vehicles being taken off the road for one year.
Monika
Wojcik, founder of Environmental Partners, dynaCERT's expert Carbon Credit
consultant based in London, UK, said, "Approval of the Concept Note is an
important landmark for clients of dynaCERT expecting to develop carbon
reduction projects. Carbon Credits issued from such upcoming projects can
reduce the adoption costs of dynaCERT's HydraGEN™ Technology. Public awareness
and support of Climate Change has become more visible during the COVID 19
crisis. Now, the emissions reduction by industries ready for HydraGEN™
Technology is more urgent than ever."
Jim
Payne, CEO of dynaCERT, stated, "Verra's approvals bring to dynaCERT the
high profile and the applauded stimulus to further our technological triumphs
for the global sale of Carbon Credits. It is a great honour of dynaCERT to work
side by side with an accomplished and highly respected international
organization such as Verra, and with its expert specialists in GHG's. This
great honour is backed by our commitment at dynaCERT to constantly advance our
innovations in accordance with the environmental mission of the Paris Accord,
the United Nations and international organizations that share our corporate
vision.
dynaCERT
welcomes Verra. We all look forward to our noteworthy alliance together in the
weeks, months and years to come as we continue to grow and expand our
technology for today and into the future of the New Hydrogen Economy."
Methodology of the United Nations
More
information about the methodology of the United Nations for reductions of
emissions of vehicles under the AMS-III.B.C. may be found here:
https://cdm.unfccc.int/methodologies/DB/13LQNV5A5EKORXUG3607N7ROBX6J6K
About dynaCERT Inc.
dynaCERT
Inc. manufactures and distributes Carbon Emission Reduction Technology for use
with internal combustion engines. As part of the growing global hydrogen
economy, our patented technology creates hydrogen and oxygen on-demand through
a unique electrolysis system and supplies these gases through the air intake to
enhance combustion, resulting in lower carbon emissions and greater fuel efficiency.
Our technology is designed for use with many types and sizes of diesel engines
used in on-road vehicles, reefer trailers, off-road construction, power
generation, mining and forestry equipment, marine vessels and railroad
locomotives. Website: www.dynaCERT.com.
READER
ADVISORY
Except
for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently characterized by
words such as "plan", "expect", "project",
"intend", "believe", "anticipate",
"estimate" and other similar words, or statements that certain events
or conditions "may" or "will" occur. Although we believe
that the expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will prove to be
correct. We cannot guarantee future results, performance of achievements.
Consequently, there is no representation that the actual results achieved will
be the same, in whole or in part, as those set out in the forward-looking
information.
Forward-looking
information is based on the opinions and estimates of management at the date
the statements are made and are subject to a variety of risks and uncertainties
and other factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking information. Some of
the risks and other factors that could cause the results to differ materially
from those expressed in the forward-looking information include, but are not
limited to: uncertainty as to whether our strategies and business plans will
yield the expected benefits; availability and cost of capital; the ability to
identify and develop and achieve commercial success for new products and
technologies; the level of expenditures necessary to maintain and improve the
quality of products and services; changes in technology and changes in laws and
regulations; the uncertainty of the emerging hydrogen economy; including the
hydrogen economy moving at a pace not anticipated; our ability to secure and
maintain strategic relationships and distribution agreements; and the other
risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are
cautioned that this list of risk factors should not be construed as exhaustive.
The
forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results
or to changes in our expectations except as otherwise required by applicable
securities legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
Neither
the Toronto Stock Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the Toronto Stock Exchange) accepts
responsibility for the adequacy or accuracy of the release.
On
Behalf of the Board
Murray
James Payne, CEO
Contacts
Jim
Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor
Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com
dynaCERT
Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on
Investorideas.com
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