Reducing harmful greenhouse gas emissions
Cielo Waste Solutions is a waste to renewable fuel company. Moreover, they have game changing technology engineered to help solve the world's garbage crisis. Cielo's technology transforms landfill garbage into renewable high-grade diesel, kerosene (aviation jet and marine fuel) and naphtha. In fact, Cielo's proven and patented technology is currently being deployed in the company's Aldersyde, AB facility, where wood waste is currrently being converted into renewable fuels.
Cielo plans to construct renewable diesel facilities using alternate waste feedstocks. World energy needs continue to rise, creating a need to reduce our demand on a declining supply of fossil fuels.
In September 2010, the Canadian federal government announced every litre of diesel produced in Canada will require 2% renewable content. They also began advocating for a 5% blend by 2020, which has not yet been implemented. Most provinces then followed-up with an additional 2%-5% blend mandate. In Canada, these mandates today account for in excess of a 653 million litre per year requirement, with Canada importing approximately 633 million litres annually from Singapore, Brazil and Finland. Additionally, the world currently generates 2.2 billion tonnes of garbage annually and that number is expected to increase to 5.6 billion tonnes by 2025.
Using garbage-derived feedstocks of Municipal Solid Waste (“MSW”), wet organics (compost), all plastics (including the problematic single use plastics), tires, paper, cardboard, sawdust and wood (construction waste, railroad ties, etc.), Cielo will be opening the doors to an untapped source of energy, with profit forecasts that make Cielo a very attractive investment.
For more information on Cielo Waste Solutions Corp. (TSX.V: CMC, OTCQB: CWSFF) please click on the request investor info button.