Biomass-Coal Mix May Be Key to Cutting CO2, EcoSecurities Says

Bloomberg Business Week
February 15, 2010, 09:01 AM EST
By Catherine Airlie

Feb. 15 (Bloomberg) -- EcoSecurities Group Plc, the emissions investor acquired by JPMorgan Chase & Co., said mixing biomass with coal may prevent “tens of millions” of tons of carbon dioxide from being released into the air.

The United Nations approved EcoSecurities’s so-called co- firing process last December for mixing coal and biomass, organic matter such as wood-chip, straw and sugar cane waste, said Paul Soffe, associate director at EcoSecurities, in a telephone interview on Feb. 12. That means EcoSecurities can earn tradable emissions credits for what he called one of the most important ways for reducing CO2 emissions.

Read the full story