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W2 Energy Inc.: W2 Energy and R&J Howell Partner on Carbon Credit Certification

^{Published on 2009-03-26 06:35:37, Last Modified on 2009-03-26 06:36:16 - Market Wire}
 

TORONTO--(Marketwire - March 26, 2009) - W2 Energy Inc. (PINKSHEETS: [ WTWO ]), a developer of green energy, is pleased to announce that in collaboration with its joint venture partner R&J Howell, it will be certifying its mass-to-energy plants for carbon offset credits.

"W2 Energy and R&J Howell are working with a carbon offset consulting firm to certify that W2 Energy mass-to-energy plants are closed-loop plants which actually rid the environment of carbon-based pollution," says Mike McLaren, CEO of W2 Energy. "W2 Energy will do more than claim to be green, we will prove it."

The carbon offset consulting firm will be analyzing test data and the actual machinery for W2 Energy, and certifying that the W2 Energy technology does not emit any carbon dioxide (CO2) into the atmosphere. The consulting firm will also certify that the W2 Energy technology consumes carbon bearing feedstocks, including municipal solid waste, tires and sewage, and converts the energy and mass in those feedstocks into electricity and liquid hydrocarbon fuels such as ultra low sulfur diesel, gasoline and JP8 jet fuel.

"When this certification process is complete, we will trade the carbon credits from our waste-to-energy plants on the European and Chicago Climate Exchanges," says McLaren. "At W2 Energy we believe strongly that carbon credits will comprise an important segment of the renewable energy industry, and we intend to participate vigorously in the carbon credit marketplace."

About W2 Energy Inc.

W2 Energy Inc. is a growing, publicly traded company that develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s plasma assisted biomass to energy plants utilize state of the art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.

About R&J Howell Investments Limited

R&J Howell provides real estate and investment consulting to a variety of industrial, commercial and government clients worldwide. The company has been in business since 1964 and since that time has been involved in a number or real-estate and high technology investments.